5305 Greendale DrTroyMI48085
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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 5305 Greendale Dr, Troy, MI, 48085 with 5% annual appreciation on a $579,901 basis while $7,408/mo rent supports operations. Total monthly income totals $7,408/mo and a $2,838/mo payment preserves $3,584/mo for cash returns. Annual cash flow comes to $43,010/yr on $190,787 deployed, and return on cash invested reaches 42.6% in year one. Equity gained on principal adds $3,742/yr, and five-year appreciation sums $160,216 alongside rental yield of 15.33%. Five-year ROI measures 225.06% and total cumulative return in cash totals $429,385.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,408/mo property income versus a $2,838/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48085, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,535 (100%) |
| Owner Occupied HU | 8,534 (89.5%) |
| Renter Occupied HU | 823 ( 8.6%) |
| Vacant Housing Units | 178 ( 1.9%) |
| Median Home Value | $410,360 |
| Average Home Value | $442,701 |
Housing Distribution
Address Breakdown
Residential
9,490
Single Family
9,447
Multi-Family
43
Businesses
399
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