614 Oriole Ct #7MiddlevilleMI49333
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
Total monthly income runs $1,874/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 8.36% with $1,874/mo rent. Return on cash invested shows 18.36% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 96.11% and total cumulative return in cash records $85,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bruce Higgins • Five Star Real Estate (Rock)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25026568
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.