436 Romeo Rd UNIT 317RochesterMI48307
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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 Rochester at 436 Romeo Rd UNIT 317, Rochester, MI, 48307 offers a 10.73% rental yield on a $178,000 purchase with $1,592/mo rent. Total monthly income registers $1,592/mo, and a $871/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,021/yr on $59,007 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $1,149/yr while 5% annual appreciation supports $49,178 over five years. Portfolio math shows five-year ROI at 149.05% and total cumulative return in cash at $87,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,592/mo property income against a $871/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
2.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48307, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,309 (100%) |
| Owner Occupied HU | 12,822 (63.1%) |
| Renter Occupied HU | 6,392 (31.5%) |
| Vacant Housing Units | 1,095 ( 5.4%) |
| Median Home Value | $391,661 |
| Average Home Value | $417,682 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
16,548
Multi-Family
2,799
Businesses
1,720
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