4429 LancashireTroyMI48098
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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 4429 Lancashire, Troy, MI, 48098 uses $119,307 cash to close to unlock $7,382/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,989/mo, and a $1,762/mo payment keeps the spread at $615/mo. Purchase price stands at $359,900, and rental yield measures 9.97% with $2,989/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 136.59% and total cumulative return in cash records $162,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,989/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.26 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
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