658 Langley RdRochester HillsMI48309
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
Rental property for sale in Rochester Hills at 658 Langley Rd, Rochester Hills, MI, 48309 generates $4,794/mo in rent, after a $5,629/mo payment. Total monthly income is $4,794/mo. Return on cash invested sits at 11.38% in year one, and rental yield is 5% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 57.57% and total cumulative return in cash sums $214,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,794/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48309, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,743 (100%) |
| Owner Occupied HU | 9,849 (77.3%) |
| Renter Occupied HU | 2,249 (17.6%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $410,251 |
| Average Home Value | $454,906 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,118
Multi-Family
995
Businesses
834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Wilson • Real Estate One-Rochester
Mls Name: Realcomp II
Mls ID: #20251054900