953 Kirts BlvdTroyMI48084
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 Troy at 953 Kirts Blvd, Troy, MI, 48084 uses $86,157 cash to close to unlock $9,326/yr annual cash flow and $777/mo monthly cash flow. Total monthly income runs $2,491/mo, and a $1,272/mo payment keeps the spread at $777/mo. Purchase price stands at $259,900, and rental yield measures 11.5% with $2,491/mo rent. Return on cash invested shows 30.73% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 161.45% and total cumulative return in cash records $139,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,491/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48084, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,035 (100%) |
| Owner Occupied HU | 3,384 (42.1%) |
| Renter Occupied HU | 4,074 (50.7%) |
| Vacant Housing Units | 577 ( 7.2%) |
| Median Home Value | $444,670 |
| Average Home Value | $492,223 |
Housing Distribution
Address Breakdown
Residential
7,576
Single Family
3,771
Multi-Family
3,805
Businesses
1,786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices