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2758 Ottawa Drive Orleans, MI 48865
  • 4 Beds
  • 1 Baths
  • 1,100 Sq. Ft
  • Built In 1945
Active
$165,000
Zipcode Median
$672 /mo

Financial Performance

Gross Yield

4.89%

based on an annual rent of $8,064.00 divided by the offer price of $165,000.00.

Net Yield

1.54%

based on a yearly adjusted income of $8,064.00 minus the total annual expense of $5,523.12 divided by the offer price of $165,000.00.

Cash Flow

$2,541

based on a yearly adjusted income of $8,064.00 minus the total annual expense of $5,523.12 and yearly mortgage expense.

Home Details

Need a quiet getaway without leaving the state This cozy cottage will meet that need Enjoy a spectacular view of Long Lake, the largest lake in Ionia County, on the front deck or from the living room couch. Outside this home features a newer roof and windows, nice vinyl siding and a shed for storage during winter. Indoors you can stay cozy with the living room fireplace that has been converted to elec or wood. Wake up to a beautiful view of the lake from the bedroom then make breakfast in the cheerful kitchen. Updates include remodeled kitchen, and newer carpeting in the living room. This is an opportunity you dont want to miss, schedule your showing today
Features

  • listed date Listed Date: January 21, 2017
  • year built Year built: 1945
  • square footage SqFt: 1,100
  • price per square foot Price/SqFt: $150
  • bedrooms Bed: 4
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Ionia
  • Listing ID: 211029
2758 Ottawa Drive Orleans, MI 48865
  • 4 Beds
  • 1 Baths
  • 1,100 Sq. Ft
  • Built In 1945
Active
$165,000
Zipcode Median
$672 /mo

Gross Yield

4.89%

based on an annual rent of $8,064.00 divided by the offer price of $165,000.00.

Net Yield

1.54%

based on a yearly adjusted income of $8,064.00 minus the total annual expense of $5,523.12 divided by the offer price of $165,000.00.

Cash Flow

$2,541

based on a yearly adjusted income of $8,064.00 minus the total annual expense of $5,523.12 and yearly mortgage expense.

Home Details

Need a quiet getaway without leaving the state This cozy cottage will meet that need Enjoy a spectacular view of Long Lake, the largest lake in Ionia County, on the front deck or from the living room couch. Outside this home features a newer roof and windows, nice vinyl siding and a shed for storage during winter. Indoors you can stay cozy with the living room fireplace that has been converted to elec or wood. Wake up to a beautiful view of the lake from the bedroom then make breakfast in the cheerful kitchen. Updates include remodeled kitchen, and newer carpeting in the living room. This is an opportunity you dont want to miss, schedule your showing today
Features

  • listed date Listed Date: January 21, 2017
  • property type Type:   Single Family
  • year built Year built: 1945
  • square footage SqFt: 1,100
  • price per square foot Price/SqFt: $150
  • bedrooms Bed: 4
  • bathrooms Bath: 1
  • county County: Ionia
  • Listing ID: 211029

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