409 W Bridge 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
Rental property for sale in Lyons at 409 W Bridge St, Lyons, MI, 48851 generates $2,091/mo in rent and, after a $984/mo payment, leaves $765/mo in cash flow. Total monthly income is $2,091/mo, and annual cash flow is $9,184/yr on $66,632 invested. Return on cash invested sits at 33.69% in year one, and rental yield is 12.48% on a $201,000 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation builds toward $55,533 over five years. Five-year ROI reaches 177.32% and total cumulative return in cash sums $118,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,091/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
0.41 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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