The Remington Plan, Charleston ParkSouth 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
Rental property for sale in South Lyon at The Remington Plan, Charleston Park, South Lyon, MI, 48178 offers $4,331/mo rent that, after a $2,902/mo payment, leaves $382/mo cash flow. Total monthly income is $4,331/mo, and annual cash flow is $4,585/yr on $195,064 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 8.77% at a $592,900 entry. Equity gained on principal adds $3,826/yr while 5% annual appreciation compounds into $163,807 by year five. Five-year ROI records 116.87% and total cumulative return in cash reaches $227,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,331/mo property income versus a $2,902/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$39 monthly 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 • Singh Homes
Mls Name: Singh Homes
Mls Provider:
Mls ID: #N/A