349 Waldon RdOrionMI48359
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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
Investment property for sale in Orion at 349 Waldon Rd, Orion, MI, 48359 with 5% annual appreciation on a $229,900 basis while $2,246/mo rent supports operations. Total monthly income totals $2,246/mo and a $1,125/mo payment preserves $730/mo for cash returns. Annual cash flow comes to $8,762/yr on $76,212 deployed, and return on cash invested reaches 31.41% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 11.72%. Five-year ROI measures 165.08% and total cumulative return in cash totals $125,807.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,246/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
0.48 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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