46632 S Lakeshore DrLawrenceMI49064
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 46632 S Lakeshore Dr, Lawrence, MI, 49064 in Lawrence aligned with their strategy. Rental yield 7.7%. DSCR 1.43 and 7.7% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $4,098/yr in paydown build toward a projected cumulative return of $164,354.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 8.0% |
| Monthly Cash Flow | $(81) | $200 |
City averages based on Lawrence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,854 |
| Total Monthly Debt Service | $2,757 |
| DSCR Ratio | 1.03x |
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 1977
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49064, Lawrence, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,813 (100%) |
| Owner Occupied HU | 1,180 (65.1%) |
| Renter Occupied HU | 261 (14.4%) |
| Vacant Housing Units | 372 (20.5%) |
| Median Home Value | $235,714 |
| Average Home Value | $276,869 |
Housing Distribution
Address Breakdown
Residential
1,640
Single Family
1,539
Multi-Family
101
Businesses
86
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 1977
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49064, Lawrence, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,813 (100%) |
| Owner Occupied HU | 1,180 (65.1%) |
| Renter Occupied HU | 261 (14.4%) |
| Vacant Housing Units | 372 (20.5%) |
| Median Home Value | $235,714 |
| Average Home Value | $276,869 |
Housing Distribution
Address Breakdown
Residential
1,640
Single Family
1,539
Multi-Family
101
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
