448 Flamingo #349Rochester 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
Investment property for sale in Rochester Hills at 448 Flamingo #349, Rochester Hills, MI, 48309 uses $34,807 cash to close to unlock $1,614/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $827/mo, and a $514/mo payment keeps the spread at $135/mo. Purchase price stands at $104,999, and rental yield measures 9.45% with $827/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $29,009 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash records $44,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $827/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A 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: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A