110 Park Meadows DrLansingMI48917
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 Lansing at 110 Park Meadows Dr, Lansing, MI, 48917 at $163,500 posts ROI 22.68% with $125/mo cash flow from $1,475/mo rent. Total monthly income equals $1,475/mo, and annual cash flow records $1,500/yr on $54,200 to close. Return on cash invested measures 22.68% and rental yield reads 10.83% at the current $163,500. Equity gained on principal adds $1,055/yr, and 5% annual appreciation supports $45,172 by year five. Five-year ROI prints 120.5% and total cumulative return in cash totals $65,312.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,475/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
$272 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48917, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,006 (100%) |
| Owner Occupied HU | 9,492 (59.3%) |
| Renter Occupied HU | 5,831 (36.4%) |
| Vacant Housing Units | 683 ( 4.3%) |
| Median Home Value | $228,813 |
| Average Home Value | $243,744 |
Housing Distribution
Address Breakdown
Residential
15,809
Single Family
11,867
Multi-Family
3,942
Businesses
1,288
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Listed by: Michael Sprague • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286677
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