2638 Calais DrOrionMI48359
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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 Orion at 2638 Calais Dr, Orion, MI, 48359 generates $2,912/mo in rent and, after a $1,664/mo payment, leaves $663/mo in cash flow. Total monthly income is $2,912/mo, and annual cash flow is $7,957/yr on $112,677 invested. Return on cash invested sits at 26.97% in year one, and rental yield is 10.28% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 141.31% and total cumulative return in cash sums $159,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
$85 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48359, Lake Orion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,386 (100%) |
| Owner Occupied HU | 3,150 (71.8%) |
| Renter Occupied HU | 1,008 (23.0%) |
| Vacant Housing Units | 228 ( 5.2%) |
| Median Home Value | $381,662 |
| Average Home Value | $385,986 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,114
Multi-Family
200
Businesses
319
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Listed by: Sarah Haremza • New Michigan Realty, LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251051984
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