3233 Northfield CtLake OrionMI48360
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3233 Northfield Ct, Lake Orion, MI, 48360 in Lake Orion. Priced at $134,900, it generates $2,213/mo in gross rent and $923/mo in net monthly cash flow, a 19.68% yield that comfortably supports the 3.65 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,078. Five-year appreciation: $37,270. Equity from principal paydown: $1,242/yr. Total projected cumulative return: $112,542.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.7% | 7.5% |
| Monthly Cash Flow | $923 | $350 |
City averages based on Lake Orion market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,213 |
| Total Monthly Debt Service | $1,236 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
$400 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$400 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices