6644 Douglas RdLambertvilleMI48144
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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
Investment Highlights
Investment property for sale in Lambertville at 6644 Douglas Rd, Lambertville, MI, 48144 uses $53,040 cash to close to unlock $2,496/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,263/mo, and a $783/mo payment keeps the spread at $208/mo. Purchase price stands at $160,000, and rental yield measures 9.47% with $1,263/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash records $68,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,263/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
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Listed by: Josh Walter • Wiens And Roth Real Estate - Lambertville
Mls Name: MiRealSource
Mls ID: #50187617