11637 E Lansing RdDurandMI48429
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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 Durand at 11637 E Lansing Rd, Durand, MI, 48429 listed at $284,300 pairs $2,412/mo rent with a $1,392/mo payment to leave $537/mo cash flow. Total monthly income runs $2,412/mo, and annual cash flow reaches $6,440/yr on $94,245 cash to close. Return on cash invested measures 26.74% in year one, and rental yield registers 10.18% at a $284,300 basis. Equity gained on principal adds $1,835/yr, and annual property appreciation at 5% supports $78,547 by year five. Five-year ROI tracks 140.02% and total cumulative return in cash totals $131,967. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,412/mo property income relative to a $1,392/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48429, Durand, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 3,038 (74.4%) |
| Renter Occupied HU | 814 (19.9%) |
| Vacant Housing Units | 233 ( 5.7%) |
| Median Home Value | $171,859 |
| Average Home Value | $202,854 |
Housing Distribution
Address Breakdown
Residential
3,836
Single Family
3,662
Multi-Family
174
Businesses
195
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