140 Saber Way #7 · Orion, MI 48362

$229,500

2 bd · 2.0 ba · 1,300 sqft · Condo public records · 66 Days on market

Built 2003 $240/mo HOA · 8% of rent

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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 +27.0/30.0
• DSCR +9.4/10.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

Key facts

• New furnace
• Newer appliances
• Water heater

Tags

• ATTACHED ONE-CAR GARAGE
• OUTDOOR GAZEBO
• NEW FURNACE
• CENTRAL A/C
• NEWER APPLIANCES
• WATER HEATER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $230k.

Deal economics

• At list price, monthly cash flow is $646 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $230k).
• Recommended offer: $216k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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 $2k of loan paydown is wiped out by about $7k 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 $64k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $175k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $215,730 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.39% ✓
• Cap rate: 9.67%
• Cash-on-cash: 12.06%
• DSCR: 1.54
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 1.7%
• Equity multiple: 1.06×
• Total profit: $4,168
• Equity at exit: $34,219

10-year hold

• IRR: 11.4%
• Equity multiple: 1.89×
• Total profit: $57,506
• Equity at exit: $19,843

Cash invested: $64,260 (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: 6.0×

Monthly cashflow live

• Estimated rent: $3,188 high
• Mortgage (P&I): −$1,204
• Tax from tax record: −$333 /mo · $4,002/yr
• Insurance: −$96
• HOA: −$240
• Vacancy / Maint / Mgmt: −$669
• Net cashflow: $646

Break-even live

Break-even rent $2,370

Max offer price $229,500

Occupancy floor 75%

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: $57,375
• Closing costs: $6,885
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
442 Mystic Cove Ln Lake Orion, MI	2.0–4.0	2.0–3.0	1989	$4,850	$2.44	2d	4	0.21mi
120 S Broadway St Lake Orion, MI	2.0	2.0	1065	$2,950	$2.77	15d	1	0.27mi
711 Kimberly Lake Orion, MI	1.0–2.0	1.0–1.5	985	$1,149	$1.17	2d	6	0.56mi
733 Luna Ct Lake Orion, MI	3.0	1.5	1177	$2,695	$2.29	19d	1	0.63mi
784 Porteous Dr Lake Orion, MI	2.0	1.0	875	$1,600	$1.83	44d	1	1.06mi

HOA detail condo

• Monthly dues: $240 · $2,880/yr
• Likely covers: water
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-04-27
   status Pending 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

2. 2026-04-27
   status Pending 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

3. 2026-04-27
   status Pending

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

4. 2026-04-23
   historical Active Under Contract 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

5. 2026-04-23
   historical Accepting Backup Offers 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

6. 2026-04-23
   historical Active - Backup Offers Accepted

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

7. 2026-04-15
   price $229,500 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

8. 2026-04-15
   price $229,500 972-char remark

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

9. 2026-04-15
   price $229,500

   Show marketing remark (972 chars)

   Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

10. 2026-03-23
    price $235,000 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

11. 2026-03-23
    price $235,000 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

12. 2026-03-23
    price $235,000

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

13. 2026-03-15
    price $239,900 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

14. 2026-03-14
    price $239,900 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

15. 2026-03-14
    price $239,900

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

16. 2026-02-20
    listed $240,000 Active 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

17. 2026-02-20
    price $240,000

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

18. 2026-02-20
    listed $240,000 Active 972-char remark

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

19. 2026-02-20
    listed $230,000 Active

    Show marketing remark (972 chars)

    Welcome to effortless living in the heart of Lake Orion. This beautifully maintained 2-bedroom, 2-bath condo offers 1,300 sq. ft. of thoughtfully updated space, now showcased with refreshed presentation that highlights its bright, inviting layout. Step inside to find sun-filled living areas, a functional and well-appointed kitchen, and a staircase featuring brand new carpet. Major updates include: a NEW furnace and A/C installed in 2025, along with kitchen appliances and a water heater all under three years old--allowing you to move in with confidence. Enjoy the convenience of an attached one-car garage and the ease of low-maintenance living in a highly desirable Lake Orion community. Within walking distance to downtown Lake Orion and right across the street from the new, soon to be farmers market! With nearby shopping, dining, and outdoor recreation, this home offers both comfort and lifestyle. Immediate occupancy available, making your transition seamless.

20. 2021-04-29
    soldstatus $175,000
21. 2014-09-03
    soldstatus $121,500

ⓘ 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: $4,002 · $333/mo
• Projected year-2 tax: $4,002 · $333/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: $38,255
• − Mortgage interest: −$12,856
• − Property taxes: −$4,002
• − Insurance: −$1,148
• − Repairs & maintenance: −$3,060
• − Management: −$3,060
• − HOA: −$2,880
• − Depreciation: −$6,676
• Taxable income: $4,573
• Est. tax owed @ 24.0%: −$1,098
• After-tax cash flow: $6,652/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 — Orion

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Lake Orion, MI
• City population: 10,401
• 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

+88.9% since first listed

21 events — show timeline

• 2026-04-27 Pending — MiRealSource-MiMLS
• 2026-04-27 Pending — REALCOMP
• 2026-04-27 Pending — SW Michigan MLS
• 2026-04-23 Contingent — REALCOMP
• 2026-04-23 Contingent — MiRealSource-MiMLS
• 2026-04-23 Contingent — SW Michigan MLS
• 2026-04-15 Price Changed $229,500 MiRealSource-MiMLS
• 2026-04-15 Price Changed $229,500 REALCOMP
• 2026-04-15 Price Changed $229,500 SW Michigan MLS
• 2026-03-23 Price Changed $235,000 MiRealSource-MiMLS
• 2026-03-23 Price Changed $235,000 REALCOMP
• 2026-03-23 Price Changed $235,000 SW Michigan MLS
• 2026-03-15 Price Changed $239,900 MiRealSource-MiMLS
• 2026-03-14 Price Changed $239,900 REALCOMP
• 2026-03-14 Price Changed $239,900 SW Michigan MLS
• 2026-02-20 Listed $240,000 REALCOMP
• 2026-02-20 Price Changed $240,000 SW Michigan MLS
• 2026-02-20 Listed $230,000 SW Michigan MLS
• 2026-02-20 Listed $240,000 MiRealSource-MiMLS
• 2021-04-29 Sold (Public Records) $175,000 Public Records
• 2014-09-03 Sold (Public Records) $121,500 Public Records

Property tax history

+6.7%/yr

Latest (2025): $4,002 · +2.8% YoY. Source: county tax records.