614 Oriole Ct #7MiddlevilleMI49333
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 614 Oriole Ct #7, Middleville, MI, 49333 in Middleville offers it: the 1.55 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.48%. Long-term, 5% appreciation is forecast to add $74,320, and $2,478/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $96,001.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.1% |
| Monthly Cash Flow | $(88) | $250 |
City averages based on Middleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,874 |
| Total Monthly Debt Service | $1,882 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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.