7515 Westchester StLambertvilleMI48144
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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 7515 Westchester St, Lambertville, MI, 48144 uses $79,527 cash to close to unlock $8,762/yr annual cash flow and $730/mo monthly cash flow. Total monthly income runs $2,312/mo, and a $1,174/mo payment keeps the spread at $730/mo. Purchase price stands at $239,900, and rental yield measures 11.56% with $2,312/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 162.5% and total cumulative return in cash records $129,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,312/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.26 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: Douglas M Kwiatkowski • Epic Homes Real Estate
Mls Name: MiRealSource
Mls ID: #50186283