715 Donald AveRoyal OakMI48073
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 Royal Oak at 715 Donald Ave, Royal Oak, MI, 48073 earns $679/mo cash flow from $2,126/mo rent with a $1,074/mo payment. Total monthly income totals $2,126/mo, and annual cash flow totals $8,146/yr on $72,764 capital. ROI tracks 31.1% on current figures, and rental yield reads 11.62% at a $219,500 purchase. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 over five years. Five-year ROI reaches 163.4% and total cumulative return in cash sums $118,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,126/mo property income instead of your personal income.
Single Family
Built in 1949
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48073, Royal Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 12,016 (67.4%) |
| Renter Occupied HU | 4,989 (28.0%) |
| Vacant Housing Units | 811 ( 4.6%) |
| Median Home Value | $342,688 |
| Average Home Value | $386,290 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
14,484
Multi-Family
3,117
Businesses
671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices