744 Lockmoore CtRochester HillsMI48307
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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 Rochester Hills at 744 Lockmoore Ct, Rochester Hills, MI, 48307 earns $421/mo cash flow from $3,791/mo rent with a $2,496/mo payment. Total monthly income totals $3,791/mo, and annual cash flow totals $5,048/yr on $167,757 capital. ROI tracks 23.07% on current figures, and rental yield reads 8.92% at a $509,900 purchase. Equity gained on principal adds $3,290/yr, and 5% annual appreciation supports $140,876 over five years. Five-year ROI reaches 120.31% and total cumulative return in cash sums $201,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,791/mo property income instead of your personal income.
Single Family
Built in 1983
0.32 Acres lot
$N/A/sqft
$90 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48307, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,309 (100%) |
| Owner Occupied HU | 12,822 (63.1%) |
| Renter Occupied HU | 6,392 (31.5%) |
| Vacant Housing Units | 1,095 ( 5.4%) |
| Median Home Value | $391,661 |
| Average Home Value | $417,682 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
16,548
Multi-Family
2,799
Businesses
1,720
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Listed by: Jyothi Joseph • Keller Williams Somerset
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021229
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.