1206 WoodmeadowLansingMI48917
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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 1206 Woodmeadow, Lansing, MI, 48917 at $325,000 posts ROI 12.95% with from $1,918/mo rent. Total monthly income equals $1,918/mo. Return on cash invested measures 12.95% and rental yield reads 7.08% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 67.71% and total cumulative return in cash totals $72,949. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,918/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1992
N/A lot
$N/A/sqft
$399 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: Debra Good • RE/MAX Real Estate Pros Dewitt
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286376
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