800 KimberlyLake OrionMI48362
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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
Investment property for sale in Lake Orion at 800 Kimberly, Lake Orion, MI, 48362 offers a 8.4% rental yield on a $399,000 purchase with $2,792/mo rent. Total monthly income registers $2,792/mo, and a $1,953/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,928/yr on $132,269 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 111.2% and total cumulative return in cash at $147,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,792/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48362, Lake Orion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,310 (100%) |
| Owner Occupied HU | 5,082 (80.5%) |
| Renter Occupied HU | 898 (14.2%) |
| Vacant Housing Units | 330 ( 5.2%) |
| Median Home Value | $398,765 |
| Average Home Value | $436,394 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,775
Multi-Family
492
Businesses
289
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Listed by: Adam Waechter • The Agency Hall & Hunter
Mls Name: Realcomp II
Mls ID: #20251040200