4493 Riverchase 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 4493 Riverchase Dr, Troy, MI, 48098 earns $1,285/mo cash flow from $9,192/mo rent with a $5,869/mo payment. Total monthly income totals $9,192/mo, and annual cash flow totals $15,416/yr on $388,476 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.2% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 127.04% and total cumulative return in cash sums $493,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $9,192/mo property income instead of your personal income.
Single Family
Built in 1988
1.35 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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