2808 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
Total monthly income runs $2,003/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 4.96% with $2,003/mo rent. Return on cash invested shows 10.99% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 55.53% and total cumulative return in cash records $89,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,003/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.80 Acres 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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