4380 The Heights BlvdRochesterMI48306
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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 at 4380 The Heights Blvd, Rochester, MI, 48306 priced at $1,820,500 converts $7,109/mo rent into after a $8,910/mo obligation. Total monthly income equals $7,109/mo. Return on cash invested prints 9.99% in year one, and rental yield reads 4.69% against a $1,820,500 entry. Equity gained on principal adds $11,747/yr, while 5% annual appreciation compiles into $502,971 by year five. Five-year ROI reaches 50.24% and total cumulative return in cash sums $296,307. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,109/mo property income covering a $8,910/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
0.59 Acres lot
$N/A/sqft
$208 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48306, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,593 (100%) |
| Owner Occupied HU | 9,469 (89.4%) |
| Renter Occupied HU | 840 ( 7.9%) |
| Vacant Housing Units | 284 ( 2.7%) |
| Median Home Value | $537,210 |
| Average Home Value | $597,620 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
10,006
Multi-Family
472
Businesses
189
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