3480 Richards WayLake OrionMI48360
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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 3480 Richards Way, Lake Orion, MI, 48360 priced at $451,500 pairs $3,590/mo rent with $595/mo cash flow after a $2,210/mo payment. Total monthly income equals $3,590/mo, and annual cash flow comes to $7,139/yr on $149,672 invested. Return on cash invested is 24.68% in year one, and rental yield stands at 9.54% on a $451,500 basis. Equity gained on principal adds $2,913/yr, and 5% annual appreciation accumulates to $124,741 by year five. Five-year ROI measures 129% and total cumulative return in cash reaches $193,077. For financing, Ziffy Mortgage’s DSCR program evaluates $3,590/mo property income against a $2,210/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.25 Acres lot
$N/A/sqft
$210 annually HOA
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Nearby investment properties with comparable prices
Listed by: Andrew Dirks • Real Broker LLC Clarkston
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250030734
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-10-08 04:09:47 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702