1109 Boulder CtLansingMI48917
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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
Investment property for sale in Lansing at 1109 Boulder Ct, Lansing, MI, 48917 earns $198/mo cash flow from $1,807/mo rent with a $1,194/mo payment. Total monthly income totals $1,807/mo, and annual cash flow totals $2,379/yr on $80,884 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.89% at a $243,995 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,411 over five years. Five-year ROI reaches 119.19% and total cumulative return in cash sums $96,405. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,807/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No 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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