2802 Cottage DrOrleansMI48865
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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 Orleans at 2802 Cottage Dr, Orleans, MI, 48865 earns $165/mo cash flow from $1,714/mo rent with a $1,150/mo payment. Total monthly income totals $1,714/mo, and annual cash flow totals $1,974/yr on $77,903 capital. ROI tracks 22.44% on current figures, and rental yield reads 8.75% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash sums $91,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,714/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48865, Orleans, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 693 (100%) |
| Owner Occupied HU | 502 (72.4%) |
| Renter Occupied HU | 96 (13.9%) |
| Vacant Housing Units | 95 (13.7%) |
| Median Home Value | $190,323 |
| Average Home Value | $268,172 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
22
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