232 S Hawley StLyonsMI48851
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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 Lyons at 232 S Hawley St, Lyons, MI, 48851 uses $46,377 cash to close to unlock $5,306/yr annual cash flow and $442/mo monthly cash flow. Total monthly income runs $1,365/mo, and a $685/mo payment keeps the spread at $442/mo. Purchase price stands at $139,900, and rental yield measures 11.71% with $1,365/mo rent. Return on cash invested shows 31.35% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 164.8% and total cumulative return in cash records $76,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,365/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48851, Lyons, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 801 (82.7%) |
| Renter Occupied HU | 118 (12.2%) |
| Vacant Housing Units | 50 ( 5.2%) |
| Median Home Value | $196,071 |
| Average Home Value | $208,152 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
13
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