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Investor loans ยท Orchard Lake Village, MI

DSCR and investor loans in Orchard Lake Village, MI

What a rental here earns against what it costs, the deals on the market, and lenders who finance investors.

Homes for sale now
0
MLS and Zillow listings, for sale or pending
Census median rent
$936
What renters here pay a month

The numbers for Orchard Lake Village

Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.

Rent to price

0.13%

A month's rent ($936) over the median asking price ($737,000); 1% is the old rule of thumb

Gross yield

1.5%

A year's rent over the price, before taxes, insurance, repairs and vacancy

25% down on the median

$184,000

What most DSCR lenders ask an investor to bring

Investor loans nearby

Tevin Jackson, founder of Rebuild Detroit

Who you are dealing with

Tevin Jackson, founder of Rebuild Detroit

Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Orchard Lake Village page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.

  • Detroit real estate investor
  • Author of Against All Odds and The Spark
  • Helped scale 100+ home service brands

Investor loans in Orchard Lake Village FAQ

Where do these numbers come from?
Census five-year estimates for the place, the MLS and Zillow listings and sales in the Rebuild Detroit homes index, and the Rebuild Detroit directory for the local pros.