325 N Broadway St · Lake Orion, MI 48362

$199,900

3 bd · 1.0 ba · 1,416 sqft · SingleFamily public records · 86 Days on market

Built 1848 6,534 sqft lot Est $306k · 35% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Schools +5.1/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

Key facts

• Lots of potential
• 6,534 sq ft lot
• 2 garage spots

Tags

• WALKING DISTANCE FROM DOWNTOWN
• LOTS OF POTENTIAL

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $784 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $200k).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.0% vs local median 4.7% in Lake Orion — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#77 in MI, #1,679 nationally) — a professional / high-income tenant draw. Strengths: employment A+, housing A+, cost of living A; Watch: amenities F, commute F.
• Lake Orion Community Schools (suburban): math 49% / reading 64% proficiency, ranked #45 of 540 in MI (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: 88 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 24y ago; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1848 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $187,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1848 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.45% ✓
• Cap rate: 11.00%
• Cash-on-cash: 16.82%
• DSCR: 1.75
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $305,856
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
325 N Broadway St	0.00mi	3/1.0	1,318 (-7%)	1mo	$165,000	$125	88
132 Florence St	0.37mi	3/2.5	1,387 (-2%)	3mo	$335,000	$242	71
229 W Flint St	0.31mi	3/2.0	1,352 (-4%)	4mo	$285,000	$211	70
216 E Flint St	0.25mi	4/1.0 (+1)	1,536 (+8%)	8mo	$278,000	$181	62
225 E Shadbolt St	0.19mi	2/1.0 (-1)	1,215 (-14%)	8mo	$315,000	$259	56
749 Mariday St	0.65mi	3/1.5	1,316 (-7%)	3mo	$275,000	$209	53
388 Norland St	0.66mi	4/2.0 (+1)	1,390 (-2%)	6mo	$198,000	$142	52
422 Converse Ct	0.71mi	3/2.0	1,436 (+1%)	12mo	$360,000	$251	50
811 Miller Rd	0.65mi	3/2.0	1,271 (-10%)	0mo	$219,000	$172	48
437 Converse Ct	0.72mi	3/2.0	1,457 (+3%)	12mo	$400,000	$275	47
577 Bagley St	0.59mi	4/1.5 (+1)	1,526 (+8%)	8mo	$330,100	$216	46
790 Luna Ct	0.60mi	3/2.0	1,224 (-14%)	0mo	$307,000	$251	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.1%
• Equity multiple: 1.32×
• Total profit: $17,682
• Equity at exit: $29,806

10-year hold

• IRR: 17.3%
• Equity multiple: 2.43×
• Total profit: $80,197
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48362

• Active inventory: 88
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,891 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$368 /mo · $4,411/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$607
• Net cashflow: $784

Break-even live

Break-even rent $1,898

Max offer price $199,900

Occupancy floor 68%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
120 S Broadway St Lake Orion, MI	2.0	2.0	1065	$2,950	$2.77	14d	1	0.31mi
733 Luna Ct Lake Orion, MI	3.0	1.5	1177	$2,695	$2.29	19d	1	0.55mi
784 Porteous Dr Lake Orion, MI	2.0	1.0	875	$1,600	$1.83	43d	1	0.72mi
442 Mystic Cove Ln Lake Orion, MI	2.0–4.0	2.0–3.0	1989	$5,350	$2.69	1d	4	0.73mi
711 Kimberly Lake Orion, MI	1.0–2.0	1.0–1.5	985	$1,149	$1.17	1d	6	1.08mi

Listing history 45 events

1. 2026-04-10
   status Pending

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

2. 2026-04-10
   status Pending 590-char remark

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

3. 2026-03-27
   status Active

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

4. 2026-03-27
   status Active 590-char remark

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

5. 2026-03-27
   historical 590-char remark

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

6. 2026-03-25
   price $199,900 590-char remark

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

7. 2026-03-25
   price $199,900

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

8. 2026-02-14
   price $214,900 590-char remark

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

9. 2026-02-14
   price $214,900

   Show marketing remark (590 chars)

   Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

10. 2026-02-13
    status Active

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

11. 2026-02-13
    status Active 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

12. 2026-02-09
    status Pending

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

13. 2026-02-09
    status Pending 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

14. 2026-02-09
    status Active 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

15. 2026-02-09
    status Pending 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

16. 2026-01-09
    price $214,990 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

17. 2026-01-09
    price $214,000 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

18. 2026-01-09
    price $214,990

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

19. 2026-01-08
    price $214,000
20. 2025-12-15
    listed $214,990 Active

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

21. 2025-12-15
    listed $214,990 Active 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

22. 2025-12-13
    historical

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

23. 2025-12-13
    price $214,990 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

24. 2025-12-12
    price $214,990

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

25. 2025-12-12
    soldstatus Closed

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

26. 2025-12-12
    soldstatus Closed 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

27. 2025-11-26
    listed $225,000 Active

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

28. 2025-11-26
    listed $225,000 Active 590-char remark

    Show marketing remark (590 chars)

    Priced to Move! Come look at this 3-bedroom bungalow in Lake Orion Village. Walking distance to schools, downtown shopping, and restaurants. Over 1318 square feet of living space. Master bedroom on the first floor. Two more bedrooms upstairs. 2-car detached garage with electric and a garage door opener. Fenced yard and a cement patio for outdoor entertaining. Lots of potential in this house. Minutes away from the lake and city parks. City water & sewer. Needs some cosmetic repairs/updates, and the owner will entertain all offers! Immediate occupancy. Bring your contractor. .. .

29. 2022-03-25
    soldstatus $190,000 Sold 308-char remark

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

30. 2022-03-25
    soldstatus $190,000 Closed

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

31. 2022-03-04
    status Pending

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

32. 2022-03-04
    status Pending 308-char remark

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

33. 2022-02-23
    listed $189,000 Active 308-char remark

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

34. 2022-02-23
    listed $189,000 Active

    Show marketing remark (308 chars)

    * * CASH OR LAND CONTRACT OPPORTUNITY * * Recent updates: furnace (2018), Hot Water Tank (2019). Some of the windows have been replaced. Hardwood floors. Steeple hinges. Great location !! walk to downtown Lake Orion ! Fenced back yard with firepit. Note: pass thru bedroom 2 to get to bedroom 3.

35. 2016-01-29
    soldstatus $1,000
36. 2016-01-23
    historical
37. 2015-11-19
    listed $1,000
38. 2005-11-30
    soldstatus $148,500
39. 2005-09-25
    historical
40. 2005-03-01
    listed $159,999
41. 2003-09-05
    historical
42. 2003-04-01
    listed $177,900
43. 2002-08-21
    soldstatus $124,435
44. 2002-07-30
    soldstatus $124,435
45. 2002-06-10
    listed $134,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $4,411 · $368/mo
• Projected year-2 tax: $4,411 · $368/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,687
• − Mortgage interest: −$11,198
• − Property taxes: −$4,411
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,775
• − Management: −$2,775
• − Depreciation: −$5,815
• Taxable income: $6,714
• Est. tax owed @ 24.0%: −$1,611
• After-tax cash flow: $7,801/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake Orion Community Schools
• NCES district ID: 2620730
• Math proficiency: 49% ▼ -10.00%
• Reading proficiency: 64% ▼ -10.00%
• Median HH income: $82,396
• Composite: 51.21/100
• National rank: #1755
• State rank: #45 of 540 in MI

Livability — Lake Orion

• Score: 80/100
• State rank: #77
• US rank: #1679

Category grades

Amenities F Commute F Cost of living A Crime A- Employment A+ Housing A+ Health & safety A- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Orion, MI
• Population (ZIP): 14,746

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 5% Hispanic / Latino 4% Black 2% Asian 2%
• Common ancestry: Romanian 11% Lithuanian 5% Slovak 3%
• Foreign-born: 6% · Canada, China, Dominican Republic
• Languages at home: 95% English-only · Spanish 1% Chinese 1% German/W. Germanic 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -307.96%
• Current HPI: 182.3653
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+48.2% since first listed

45 events — show timeline

• 2026-04-10 Pending — REALCOMP
• 2026-04-10 Pending — MiRealSource-MiMLS
• 2026-03-27 Relisted — REALCOMP
• 2026-03-27 Relisted — MiRealSource-MiMLS
• 2026-03-27 Listing Removed — MiRealSource-MiMLS
• 2026-03-25 Price Changed $199,900 MiRealSource-MiMLS
• 2026-03-25 Price Changed $199,900 REALCOMP
• 2026-02-14 Price Changed $214,900 MiRealSource-MiMLS
• 2026-02-14 Price Changed $214,900 REALCOMP
• 2026-02-13 Relisted — REALCOMP
• 2026-02-13 Relisted — MiRealSource-MiMLS
• 2026-02-09 Pending — REALCOMP
• 2026-02-09 Pending — MiRealSource-MiMLS
• 2026-02-09 Relisted — MiRealSource-MiMLS
• 2026-02-09 Pending — MiRealSource-MiMLS
• 2026-01-09 Price Changed $214,990 MiRealSource-MiMLS
• 2026-01-09 Price Changed $214,000 MiRealSource-MiMLS
• 2026-01-09 Price Changed $214,990 REALCOMP
• 2026-01-08 Price Changed $214,000 REALCOMP
• 2025-12-15 Listed $214,990 REALCOMP
• 2025-12-15 Listed $214,990 MiRealSource-MiMLS
• 2025-12-13 Listing Removed — REALCOMP
• 2025-12-13 Price Changed $214,990 MiRealSource-MiMLS
• 2025-12-12 Price Changed $214,990 REALCOMP
• 2025-12-12 Sold (MLS) — MiRealSource-MiMLS
• 2025-12-12 Sold (MLS) — REALCOMP
• 2025-11-26 Listed $225,000 MiRealSource-MiMLS
• 2025-11-26 Listed $225,000 REALCOMP
• 2022-03-25 Sold (MLS) $190,000 MiRealSource-MiMLS
• 2022-03-25 Sold (MLS) $190,000 REALCOMP
• 2022-03-04 Pending — MiRealSource-MiMLS
• 2022-03-04 Pending — REALCOMP
• 2022-02-23 Listed $189,000 MiRealSource-MiMLS
• 2022-02-23 Listed $189,000 REALCOMP
• 2016-01-29 Sold (MLS) $1,000 MiRealSource-MiMLS
• 2016-01-23 Listing Removed — MiRealSource-MiMLS
• 2015-11-19 Listed $1,000 MiRealSource-MiMLS
• 2005-11-30 Sold (Public Records) $148,500 Public Records
• 2005-09-25 Listing Removed — REALCOMP
• 2005-03-01 Listed $159,999 REALCOMP
• 2003-09-05 Listing Removed — REALCOMP
• 2003-04-01 Listed $177,900 REALCOMP
• 2002-08-21 Sold (Public Records) $124,435 Public Records
• 2002-07-30 Sold (MLS) $124,435 REALCOMP
• 2002-06-10 Listed $134,900 REALCOMP

Property tax history

+5.2%/yr

Latest (2025): $4,411 · -18.7% YoY. Source: county tax records.