370 Oakwood RdOrtonvilleMI48462
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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 Ortonville at 370 Oakwood Rd, Ortonville, MI, 48462 offers $1,732/mo rent that, after a $871/mo payment, leaves $258/mo cash flow. Total monthly income is $1,732/mo, and annual cash flow is $3,101/yr on $59,007 cash. Return on cash invested measures 25.16% in year one, and rental yield stands at 11.68% at a $178,000 entry. Equity gained on principal adds $1,149/yr while 5% annual appreciation compounds into $49,178 by year five. Five-year ROI records 133.82% and total cumulative return in cash reaches $78,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,732/mo property income versus a $871/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanna Gooch • The Brokerage Real Estate Enthusiasts
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251052024
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