1207 Academic WayHaslettMI48840
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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 Haslett at 1207 Academic Way, Haslett, MI, 48840 with 5% annual appreciation on a $229,900 basis while $2,256/mo rent supports operations. Total monthly income totals $2,256/mo and a $1,125/mo payment preserves $201/mo for cash returns. Annual cash flow comes to $2,408/yr on $76,212 deployed, and return on cash invested reaches 23.07% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 11.78%. Five-year ROI measures 123.41% and total cumulative return in cash totals $94,055.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,256/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1977
N/A lot
$N/A/sqft
$428 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Sophie Shi • Aspire Real Estate MI
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286155
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