3263 Baldwin Woods Dr #7Lake OrionMI48359
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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 Lake Orion at 3263 Baldwin Woods Dr #7, Lake Orion, MI, 48359 generates $2,423/mo in rent and, after a $1,419/mo payment, leaves $511/mo in cash flow. Total monthly income is $2,423/mo, and annual cash flow is $6,132/yr on $96,135 invested. Return on cash invested sits at 26.29% in year one, and rental yield is 10.03% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 137.56% and total cumulative return in cash sums $132,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,423/mo property income rather than buyer’s personal income.
Condo
Built in 2003
4.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48359, Lake Orion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,386 (100%) |
| Owner Occupied HU | 3,150 (71.8%) |
| Renter Occupied HU | 1,008 (23.0%) |
| Vacant Housing Units | 228 ( 5.2%) |
| Median Home Value | $381,662 |
| Average Home Value | $385,986 |
Housing Distribution
Address Breakdown
Residential
4,314
Single Family
4,114
Multi-Family
200
Businesses
319
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Listed by: Brent J Link • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #26000831