1630 Peppertree Ln #21LansingMI48912
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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 1630 Peppertree Ln #21, Lansing, MI, 48912 earns from $1,301/mo rent with a $759/mo payment. Total monthly income totals $1,301/mo. ROI tracks 19.36% on current figures, and rental yield reads 10.07% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 103.05% and total cumulative return in cash sums $52,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,301/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$302 monthly 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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Listed by: Bobbie Guenther • Berkshire Hathaway HomeServices
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287618
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