206 Harvard Ave, South Lyon, MI, 48178 | $401/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Lyon at 206 Harvard Ave, South Lyon, MI, 48178 offers a 9.52% rental yield on a $299,000 purchase with $2,372/mo rent. Total monthly income registers $2,372/mo, and a $1,463/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,808/yr on $99,119 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 129.39% and total cumulative return in cash at $128,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,372/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

7,405 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