4253 Drexel DrTroyMI48098
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4253 Drexel Dr, Troy, MI, 48098 offers a 7.32% rental yield on a $768,000 purchase with $4,688/mo rent. 27% in year one. Equity gained on principal adds $4,956/yr while 5% annual appreciation supports $212,184 over five years. Portfolio math shows five-year ROI at 94.57% and total cumulative return in cash at $238,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,688/mo property income against a $3,759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48098, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,543 (100%) |
| Owner Occupied HU | 6,819 (90.4%) |
| Renter Occupied HU | 540 ( 7.2%) |
| Vacant Housing Units | 184 ( 2.4%) |
| Median Home Value | $499,682 |
| Average Home Value | $542,576 |
Housing Distribution
Address Breakdown
Residential
7,478
Single Family
7,288
Multi-Family
190
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices