5449 Lum RdAtticaMI48412
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 5449 Lum Rd, Attica, MI, 48412 in Attica worth study. Rental yield 4.24%. The 4.24% gross yield is below cash-flow benchmarks at $650,000, but 5% annual appreciation, adding $179,583 over five years, frames this as a capital growth position. Rent of $2,296/mo partially offsets the $2,923/mo payment. Ziffy Mortgage finances appreciation-play properties (0.79 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $119,519.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 8.0% |
| Monthly Cash Flow | $(1,991) | $350 |
City averages based on Attica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,296 |
| Total Monthly Debt Service | $4,028 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1997
6.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48412, Attica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,208 (85.0%) |
| Renter Occupied HU | 148 ( 5.7%) |
| Vacant Housing Units | 242 ( 9.3%) |
| Median Home Value | $261,806 |
| Average Home Value | $288,560 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,344
Multi-Family
0
Businesses
71
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 1997
6.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48412, Attica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,208 (85.0%) |
| Renter Occupied HU | 148 ( 5.7%) |
| Vacant Housing Units | 242 ( 9.3%) |
| Median Home Value | $261,806 |
| Average Home Value | $288,560 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,344
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices