534 Parkland Hills DrRochesterMI48306
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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 Rochester at 534 Parkland Hills Dr, Rochester, MI, 48306 priced at $1,025,000 pairs $3,784/mo rent with after a $5,017/mo payment. Total monthly income equals $3,784/mo. Return on cash invested is 9.62% in year one, and rental yield stands at 4.43% on a $1,025,000 basis. Equity gained on principal adds $6,614/yr, and 5% annual appreciation accumulates to $283,189 by year five. Five-year ROI measures 48.11% and total cumulative return in cash reaches $159,760. For financing, Ziffy Mortgage’s DSCR program evaluates $3,784/mo property income against a $5,017/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.59 Acres lot
$N/A/sqft
No 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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