11199 Shady Grove CtSouth LyonMI48178
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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 South Lyon at 11199 Shady Grove Ct, South Lyon, MI, 48178 listed at $160,000 pairs $1,279/mo rent with a $783/mo payment to leave $224/mo cash flow. Total monthly income runs $1,279/mo, and annual cash flow reaches $2,688/yr on $53,040 cash to close. Return on cash invested measures 24.98% in year one, and rental yield registers 9.59% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 130.55% and total cumulative return in cash totals $69,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,279/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48178, South Lyon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,935 (100%) |
| Owner Occupied HU | 12,984 (86.9%) |
| Renter Occupied HU | 1,470 ( 9.8%) |
| Vacant Housing Units | 481 ( 3.2%) |
| Median Home Value | $415,202 |
| Average Home Value | $441,574 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
14,806
Multi-Family
400
Businesses
662
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Listed by: Tricia Kortes • Berkshire Hathaway HomeServices Kee Realty Clinton
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250020543
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-03-28 03:07:25 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702