6240 M 65 NLachineMI49753
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6240 M 65 N, Lachine, MI, 49753 in Lachine. Priced at $168,000, it generates $2,771/mo in gross rent and $1,663/mo in net monthly cash flow, a 19.79% yield that comfortably supports the 3.67 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $19,955. Five-year appreciation: $46,415. Equity from principal paydown: $1,547/yr. Total projected cumulative return: $171,075.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.8% | 6.8% |
| Monthly Cash Flow | $1,663 | $500 |
City averages based on Lachine market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,771 |
| Total Monthly Debt Service | $1,041 |
| DSCR Ratio | 2.66x |
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 N/A
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49753, Lachine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 761 (55.9%) |
| Renter Occupied HU | 88 ( 6.5%) |
| Vacant Housing Units | 513 (37.7%) |
| Median Home Value | $183,553 |
| Average Home Value | $211,659 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
22
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 N/A
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49753, Lachine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 761 (55.9%) |
| Renter Occupied HU | 88 ( 6.5%) |
| Vacant Housing Units | 513 (37.7%) |
| Median Home Value | $183,553 |
| Average Home Value | $211,659 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices