1009 Randy LnSaint JohnsMI48879
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 1009 Randy Ln, Saint Johns, MI, 48879 in Saint Johns offers it: the 1.69 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 8.97%. Long-term, 5% appreciation is forecast to add $70,452, and $2,349/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $98,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $(21) | $350 |
City averages based on Saint Johns market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,937 |
| Total Monthly Debt Service | $1,830 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
5,662 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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
Condo
Built in 2007
5,662 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Devereaux • RE/MAX Finest
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288923
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS