60551 Marjorie Ann St,South Lyon,MI,48178

Investment Highlights

Investment property for sale in South Lyon at 60551 Marjorie Ann St, South Lyon, MI, 48178 offers a 8.4% rental yield on a $289,900 purchase with $2,029/mo rent. Total monthly income registers $2,029/mo, and a $1,419/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,406/yr on $96,102 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 111.27% and total cumulative return in cash at $106,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,029/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.