3259 Fox Run LnLambertvilleMI48144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Lambertville at 3259 Fox Run Ln, Lambertville, MI, 48144 priced at $399,900 converts $3,158/mo rent into $246/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,158/mo, and annual cash flow totals $2,954/yr on $132,567 invested. Return on cash invested prints 22.14% in year one, and rental yield reads 9.48% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 116.25% and total cumulative return in cash sums $154,112. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,158/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
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Listed by: Tom Wagner • Howard Hanna - Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50162353
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