702 Westhills DrSouth LyonMI48178
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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 South Lyon at 702 Westhills Dr, South Lyon, MI, 48178 with 5% annual appreciation on a $499,900 basis while $4,418/mo rent supports operations. Total monthly income totals $4,418/mo and a $2,447/mo payment preserves $1,121/mo for cash returns. Annual cash flow comes to $13,454/yr on $165,717 deployed, and return on cash invested reaches 28.03% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 10.61%. Five-year ROI measures 146.93% and total cumulative return in cash totals $243,492.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,418/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.27 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
14,806
Multi-Family
400
Businesses
662
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Listed by: Sara Ford • 3DX Real Estate-Brighton
Mls Name: Realcomp II
Mls ID: #20251057119