3288 Lakeshore RdLexingtonMI48450
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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 Lexington at 3288 Lakeshore Rd, Lexington, MI, 48450 earns $80/mo cash flow from $1,959/mo rent with a $1,395/mo payment. Total monthly income totals $1,959/mo, and annual cash flow totals $954/yr on $94,478 capital. ROI tracks 20.92% on current figures, and rental yield reads 8.25% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 108.82% and total cumulative return in cash sums $102,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,959/mo property income instead of your personal income.
Single Family
Built in 1900
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48450, Lexington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,011 (100%) |
| Owner Occupied HU | 1,708 (42.6%) |
| Renter Occupied HU | 307 ( 7.7%) |
| Vacant Housing Units | 1,996 (49.8%) |
| Median Home Value | $224,209 |
| Average Home Value | $259,376 |
Housing Distribution
Address Breakdown
Residential
2,835
Single Family
2,648
Multi-Family
187
Businesses
165
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