4770 Forest Ridge CtRochesterMI48306
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
Rental property for sale in Rochester at 4770 Forest Ridge Ct, Rochester, MI, 48306 offers $6,146/mo rent that, after a $4,283/mo payment, leaves $251/mo cash flow. Total monthly income is $6,146/mo, and annual cash flow is $3,006/yr on $287,875 cash. Return on cash invested measures 21.1% in year one, and rental yield stands at 8.43% at a $875,000 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 109.95% and total cumulative return in cash reaches $316,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,146/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.61 Acres lot
$N/A/sqft
$1,500 annually 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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