3475 Lone Oak LnDorrMI49323
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
Investment Highlights
Rental property for sale in Dorr at 3475 Lone Oak Ln, Dorr, MI, 49323 generates $2,878/mo in rent and, after a $1,958/mo payment, leaves $208/mo in cash flow. Total monthly income is $2,878/mo, and annual cash flow is $2,490/yr on $132,600 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 8.63% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 113.57% and total cumulative return in cash sums $150,592. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,878/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
2.60 Acres lot
$N/A/sqft
$390 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49323, Dorr, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 3,447 (88.6%) |
| Renter Occupied HU | 222 ( 5.7%) |
| Vacant Housing Units | 221 ( 5.7%) |
| Median Home Value | $285,462 |
| Average Home Value | $315,355 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
159
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