423 Silvervale DrRochester HillsMI48309
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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
Rental property for sale in Rochester Hills at 423 Silvervale Dr, Rochester Hills, MI, 48309 priced at $559,900 pairs $2,740/mo rent with after a $2,740/mo payment. Total monthly income equals $2,740/mo. Return on cash invested is 13.86% in year one, and rental yield stands at 5.87% on a $559,900 basis. Equity gained on principal adds $3,613/yr, and 5% annual appreciation accumulates to $154,690 by year five. Five-year ROI measures 70.92% and total cumulative return in cash reaches $130,642. For financing, Ziffy Mortgage’s DSCR program evaluates $2,740/mo property income against a $2,740/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48309, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,743 (100%) |
| Owner Occupied HU | 9,849 (77.3%) |
| Renter Occupied HU | 2,249 (17.6%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $410,251 |
| Average Home Value | $454,906 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,118
Multi-Family
995
Businesses
834
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Listed by: Christopher Zefic • Arterra Realty Michigan LLC
Mls Name: MiRealSource
Mls ID: #50188996