67 S Trail CtTroyMI48083
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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 Troy at 67 S Trail Ct, Troy, MI, 48083 priced at $959,900 converts $2,340/mo rent into after a $4,698/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints 4.9% in year one, and rental yield reads 2.93% against a $959,900 entry. Equity gained on principal adds $6,194/yr, while 5% annual appreciation compiles into $265,203 by year five. Five-year ROI reaches 22.86% and total cumulative return in cash sums $72,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $4,698/mo payment, not borrower’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48083, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,046 (100%) |
| Owner Occupied HU | 6,520 (59.0%) |
| Renter Occupied HU | 4,099 (37.1%) |
| Vacant Housing Units | 427 ( 3.9%) |
| Median Home Value | $336,116 |
| Average Home Value | $390,799 |
Housing Distribution
Address Breakdown
Residential
10,303
Single Family
8,752
Multi-Family
1,551
Businesses
2,078
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