538 Scone 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 538 Scone Dr, Troy, MI, 48098 at $519,900 posts ROI 26.85% with $968/mo cash flow from $4,397/mo rent. Total monthly income equals $4,397/mo, and annual cash flow records $11,618/yr on $171,047 to close. Return on cash invested measures 26.85% and rental yield reads 10.15% at the current $519,900. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 by year five. Five-year ROI prints 140.6% and total cumulative return in cash totals $240,496.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,397/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.31 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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