12395 Atkinson RdLachineMI49753
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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 Lachine at 12395 Atkinson Rd, Lachine, MI, 49753 listed at $415,000 pairs $1,778/mo rent with a $2,031/mo payment. Total monthly income runs $1,778/mo. Return on cash invested measures 11.55% in year one, and rental yield registers 5.14% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 58.54% and total cumulative return in cash totals $80,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,778/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
25.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49753, Lachine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 761 (55.9%) |
| Renter Occupied HU | 88 ( 6.5%) |
| Vacant Housing Units | 513 (37.7%) |
| Median Home Value | $183,553 |
| Average Home Value | $211,659 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
22
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