983 Wexford WayRochesterMI48307
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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 at 983 Wexford Way, Rochester, MI, 48307 listed at $325,000 pairs $2,994/mo rent with a $1,591/mo payment to leave $851/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $10,206/yr on $107,738 cash to close. Return on cash invested measures 29.38% in year one, and rental yield registers 11.05% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 154.2% and total cumulative return in cash totals $166,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
No 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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