127 S Magnolia AveLansingMI48912
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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
Rental property for sale in Lansing at 127 S Magnolia Ave, Lansing, MI, 48912 offers $1,136/mo rent that, after a $551/mo payment, leaves $394/mo cash flow. Total monthly income is $1,136/mo, and annual cash flow is $4,725/yr on $37,294 cash. Return on cash invested measures 32.58% in year one, and rental yield stands at 12.12% at a $112,500 entry. Equity gained on principal adds $726/yr while 5% annual appreciation compounds into $31,082 by year five. Five-year ROI records 171.39% and total cumulative return in cash reaches $63,916. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,136/mo property income versus a $551/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48912, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 3,846 (41.8%) |
| Renter Occupied HU | 4,595 (49.9%) |
| Vacant Housing Units | 767 ( 8.3%) |
| Median Home Value | $165,968 |
| Average Home Value | $195,356 |
Housing Distribution
Address Breakdown
Residential
9,234
Single Family
6,927
Multi-Family
2,307
Businesses
914
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