122 E Clarkston RdLake OrionMI48362
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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 Lake Orion at 122 E Clarkston Rd, Lake Orion, MI, 48362 priced at $499,900 pairs $4,123/mo rent with $826/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,123/mo, and annual cash flow comes to $9,914/yr on $165,717 invested. Return on cash invested is 25.89% in year one, and rental yield stands at 9.9% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 135.47% and total cumulative return in cash reaches $224,496. For financing, Ziffy Mortgage’s DSCR program evaluates $4,123/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48362, Lake Orion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,310 (100%) |
| Owner Occupied HU | 5,082 (80.5%) |
| Renter Occupied HU | 898 (14.2%) |
| Vacant Housing Units | 330 ( 5.2%) |
| Median Home Value | $398,765 |
| Average Home Value | $436,394 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,775
Multi-Family
492
Businesses
289
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Listed by: Ashley Crain • Crain Homes
Mls Name: Realcomp II
Mls ID: #20251054657