6411 Lapham CtPlymouthMI48170
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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
Investment Highlights
Investment property for sale in Plymouth at 6411 Lapham Ct, Plymouth, MI, 48170 earns $487/mo cash flow from $7,895/mo rent with a $5,384/mo payment. Total monthly income totals $7,895/mo, and annual cash flow totals $5,842/yr on $356,400 capital. ROI tracks 22.01% on current figures, and rental yield reads 8.61% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 114.73% and total cumulative return in cash sums $408,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,895/mo property income instead of your personal income.
Single Family
Built in 2001
3 Acres lot
$N/A/sqft
$1,850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
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