The Charleston Plan, Hickory CreekSouth LyonMI48178
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 South Lyon at The Charleston Plan, Hickory Creek, South Lyon, MI, 48178 at $824,990 posts ROI 21.44% with $313/mo cash flow from $5,753/mo rent. Total monthly income equals $5,753/mo, and annual cash flow records $3,750/yr on $271,422 to close. Return on cash invested measures 21.44% and rental yield reads 8.37% at the current $824,990. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,930 by year five. Five-year ROI prints 111.57% and total cumulative return in cash totals $302,813.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,753/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A 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: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A