58 Ingram DrTroyMI48098
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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 58 Ingram Dr, Troy, MI, 48098 with 5% annual appreciation on a $799,000 basis while $5,815/mo rent supports operations. Total monthly income totals $5,815/mo and a $3,911/mo payment preserves $546/mo for cash returns. Annual cash flow comes to $6,548/yr on $262,871 deployed, and return on cash invested reaches 22.55% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 8.73%. Five-year ROI measures 117.51% and total cumulative return in cash totals $308,910.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,815/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.43 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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