511 Alfred CtOrtonvilleMI48462
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 511 Alfred Ct, Ortonville, MI, 48462 in Ortonville. Priced at $199,000, it generates $2,383/mo in gross rent and $1,071/mo in net monthly cash flow, a 14.37% yield that comfortably supports the 2.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,851. Five-year appreciation: $54,980. Equity from principal paydown: $1,833/yr. Total projected cumulative return: $144,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 9.0% |
| Monthly Cash Flow | $1,071 | $500 |
City averages based on Ortonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,383 |
| Total Monthly Debt Service | $1,233 |
| DSCR Ratio | 1.93x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan M Tolstyka • @properties Christie's Int'l R E Clarkston
Mls Name: Realcomp II
Mls ID: #20251036330