1221 Orchard LnColumbusMI48063
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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 Columbus at 1221 Orchard Ln, Columbus, MI, 48063 offers a 17.3% rental yield on a $118,699 purchase with $1,711/mo rent. Total monthly income registers $1,711/mo, and a $581/mo payment leaves $928/mo available for distribution. Annual cash flow reaches $11,139/yr on $39,349 to close, and return on cash invested stands at 48.22% in year one. Equity gained on principal adds $766/yr while 5% annual appreciation supports $32,794 over five years. Portfolio math shows five-year ROI at 255.27% and total cumulative return in cash at $100,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48063, Columbus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,681 (100%) |
| Owner Occupied HU | 1,433 (85.2%) |
| Renter Occupied HU | 191 (11.4%) |
| Vacant Housing Units | 57 ( 3.4%) |
| Median Home Value | $300,638 |
| Average Home Value | $327,926 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,706
Multi-Family
0
Businesses
32
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