5790 Main Rear StLexingtonMI48450
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 5790 Main Rear St, Lexington, MI, 48450 in Lexington is narrow, $167/mo net on $1,440/mo rent after the $868/mo debt service, but the property operates at break-even-plus, not a loss. At $193,000 with a 8.95% yield, the long-run equity case via 5% appreciation ($53,322 over five years) and $1,778/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.66 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $84,280.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 8.0% |
| Monthly Cash Flow | $167 | $750 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,196 |
| DSCR Ratio | 1.20x |
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 1997
0.27 Acres 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
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
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices