Nhn 201ac Clewley RdLachineMI49753
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
Rental property for sale in Lachine at Nhn 201ac Clewley Rd, Lachine, MI, 49753 priced at $175,200 converts $1,342/mo rent into $186/mo cash flow after a $858/mo obligation. Total monthly income equals $1,342/mo, and annual cash flow totals $2,234/yr on $58,079 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 9.19% against a $175,200 entry. Equity gained on principal adds $1,131/yr, while 5% annual appreciation compiles into $48,405 by year five. Five-year ROI reaches 124.09% and total cumulative return in cash sums $72,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,342/mo property income covering a $858/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49753, Lachine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 761 (55.9%) |
| Renter Occupied HU | 88 ( 6.5%) |
| Vacant Housing Units | 513 (37.7%) |
| Median Home Value | $183,553 |
| Average Home Value | $211,659 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
22
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