764 Oakwood RdOrtonvilleMI48462
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 764 Oakwood Rd, Ortonville, MI, 48462 in Ortonville is straightforward: $410,000 in, $3,268/mo in rent, $564/mo out after debt service. The 9.56% gross yield and 1.77 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $113,275 by year five. With $3,776/yr in principal equity, the total cumulative return is projected at $192,461.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.0% |
| Monthly Cash Flow | $564 | $500 |
City averages based on Ortonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,268 |
| Total Monthly Debt Service | $2,541 |
| DSCR Ratio | 1.29x |
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 1979
0.47 Acres 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 1979
0.47 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randi Wynne-Parry • COLDWELL BANKER MT. PLEASANT REALTY
Mls Name: NGLRMLS
Mls ID: #1936724