62340 Arlington Cir UNIT 5, South Lyon, MI, 48178 | 9.4% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,387/mo, and a $866/mo payment. Purchase price stands at $177,000, and rental yield measures 9.4% with $1,387/mo rent. Return on cash invested shows 15.21% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 81.6% and total cumulative return in cash records $47,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,387/mo property income covering a $866/mo payment rather than investor’s personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

$450 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48178, South Lyon, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,935 (100%)
Owner Occupied HU	12,984 (86.9%)
Renter Occupied HU	1,470 ( 9.8%)
Vacant Housing Units	481 ( 3.2%)
Median Home Value	$415,202
Average Home Value	$441,574