394 E South BlvdTroyMI48085
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Troy at 394 E South Blvd, Troy, MI, 48085 listed at $216,000 pairs $2,914/mo rent with a $1,057/mo payment to leave $1,490/mo cash flow. Total monthly income runs $2,914/mo, and annual cash flow reaches $17,878/yr on $71,604 cash to close. Return on cash invested measures 44.88% in year one, and rental yield registers 16.19% at a $216,000 basis. Equity gained on principal adds $1,394/yr, and annual property appreciation at 5% supports $59,677 by year five. Five-year ROI tracks 237.28% and total cumulative return in cash totals $169,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,914/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48085, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,535 (100%) |
| Owner Occupied HU | 8,534 (89.5%) |
| Renter Occupied HU | 823 ( 8.6%) |
| Vacant Housing Units | 178 ( 1.9%) |
| Median Home Value | $410,360 |
| Average Home Value | $442,701 |
Housing Distribution
Address Breakdown
Residential
9,490
Single Family
9,447
Multi-Family
43
Businesses
399
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Listed by: Penny L Semrau • Berkshire Hathaway HomeServices Kee Realty Roch
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50188502
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