5747 Main St #26LexingtonMI48450
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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 5747 Main St #26, Lexington, MI, 48450 listed at $264,999 pairs $1,440/mo rent with a $1,297/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 15.71% in year one, and rental yield registers 6.52% at a $264,999 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,214 by year five. Five-year ROI tracks 80.87% and total cumulative return in cash totals $71,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A 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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