4584 Pilgrim CtOrionMI48359
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 Orion at 4584 Pilgrim Ct, Orion, MI, 48359 generates $4,415/mo in rent, after a $3,328/mo payment. Total monthly income is $4,415/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 7.79% on a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 100.47% and total cumulative return in cash sums $224,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,415/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
9,583 sqft lot
$N/A/sqft
$766 annually 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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