6882 Lexington PlTemperanceMI48182
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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 Temperance at 6882 Lexington Pl, Temperance, MI, 48182 listed at $289,900 pairs $2,599/mo rent with a $1,419/mo payment to leave $687/mo cash flow. Total monthly income runs $2,599/mo, and annual cash flow reaches $8,246/yr on $96,102 cash to close. Return on cash invested measures 28.49% in year one, and rental yield registers 10.76% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 149.43% and total cumulative return in cash totals $143,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,599/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48182, Temperance, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,855 (100%) |
| Owner Occupied HU | 8,042 (81.6%) |
| Renter Occupied HU | 1,499 (15.2%) |
| Vacant Housing Units | 314 ( 3.2%) |
| Median Home Value | $269,058 |
| Average Home Value | $288,379 |
Housing Distribution
Address Breakdown
Residential
9,133
Single Family
8,790
Multi-Family
343
Businesses
368
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Listed by: Patty Henry • Key Realty One LLC - Summerfield
Mls Name: MiRealSource
Mls ID: #50196481