3091 Oakridge Ct, Lake Orion, MI, 48360 | 8.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Orion at 3091 Oakridge Ct, Lake Orion, MI, 48360 offers $972/mo rent that, after a $636/mo payment. Total monthly income is $972/mo. Return on cash invested measures 11.97% in year one, and rental yield stands at 8.98% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 64.95% and total cumulative return in cash reaches $27,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $972/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1975

N/A lot

$N/A/sqft

$400 monthly HOA