530 W Oakley Park RdCommerce TownshipMI48390
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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 Commerce Township at 530 W Oakley Park Rd, Commerce Township, MI, 48390 offers $3,280/mo rent that, after a $2,937/mo payment. Total monthly income is $3,280/mo. Return on cash invested measures 15.94% in year one, and rental yield stands at 6.56% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 82.08% and total cumulative return in cash reaches $162,036. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,280/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: Alex Nugent • Real Estate One-Troy
Mls Name: Realcomp II
Mls ID: #20251019677