409 W Bridge StLyonsMI48851
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 409 W Bridge St, Lyons, MI, 48851 in Lyons speaks for itself: 12.67% gross on a $201,000 price, generating $2,091/mo in rent and $785/mo in net income after the $904/mo debt service. DSCR 2.31, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,423 stacks alongside $55,533 in projected five-year appreciation and $1,851/yr in principal reduction. Projected total cumulative return: $125,847.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.0% |
| Monthly Cash Flow | $785 | $350 |
City averages based on Lyons market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,091 |
| Total Monthly Debt Service | $1,246 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
