320 E Long Lake RdOrleansMI48865
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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 Orleans at 320 E Long Lake Rd, Orleans, MI, 48865 priced at $140,000 pairs $2,765/mo rent with $1,842/mo cash flow after a $685/mo payment. Total monthly income equals $2,765/mo, and annual cash flow comes to $22,104/yr on $46,410 invested. Return on cash invested is 67.54% in year one, and rental yield stands at 23.7% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 358.78% and total cumulative return in cash reaches $166,510. For financing, Ziffy Mortgage’s DSCR program evaluates $2,765/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
2.42 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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