7271 Simons StLexingtonMI48450
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
Investment Highlights
Investment property for sale in Lexington at 7271 Simons St, Lexington, MI, 48450 at $231,600 posts ROI 21.1% with $76/mo cash flow from $1,604/mo rent. Total monthly income equals $1,604/mo, and annual cash flow records $915/yr on $76,775 to close. Return on cash invested measures 21.1% and rental yield reads 8.31% at the current $231,600. Equity gained on principal adds $1,494/yr, and 5% annual appreciation supports $63,987 by year five. Five-year ROI prints 109.81% and total cumulative return in cash totals $84,305.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,604/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48450, Lexington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,011 (100%) |
| Owner Occupied HU | 1,708 (42.6%) |
| Renter Occupied HU | 307 ( 7.7%) |
| Vacant Housing Units | 1,996 (49.8%) |
| Median Home Value | $224,209 |
| Average Home Value | $259,376 |
Housing Distribution
Address Breakdown
Residential
2,835
Single Family
2,648
Multi-Family
187
Businesses
165
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