3655 Shady Beach BlvdOrchard LakeMI48324
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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 Orchard Lake at 3655 Shady Beach Blvd, Orchard Lake, MI, 48324 priced at $546,480 converts $2,026/mo rent into after a $2,675/mo obligation. Total monthly income equals $2,026/mo. Return on cash invested prints 9.53% in year one, and rental yield reads 4.45% against a $546,480 entry. Equity gained on principal adds $3,526/yr, while 5% annual appreciation compiles into $150,982 by year five. Five-year ROI reaches 47.67% and total cumulative return in cash sums $85,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,026/mo property income covering a $2,675/mo payment, not borrower’s personal income.
Single Family
Built in 1921
4.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48324, West Bloomfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 6,146 (89.7%) |
| Renter Occupied HU | 443 ( 6.5%) |
| Vacant Housing Units | 260 ( 3.8%) |
| Median Home Value | $446,353 |
| Average Home Value | $604,847 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,446
Multi-Family
172
Businesses
57
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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