1711 Ray StLansingMI48910
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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 1711 Ray St, Lansing, MI, 48910 listed at $120,000 pairs $939/mo rent with a $587/mo payment to leave $148/mo cash flow. Total monthly income runs $939/mo, and annual cash flow reaches $1,776/yr on $39,780 cash to close. Return on cash invested measures 24.37% in year one, and rental yield registers 9.39% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 127.32% and total cumulative return in cash totals $50,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $939/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48910, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 8,914 (51.9%) |
| Renter Occupied HU | 6,788 (39.5%) |
| Vacant Housing Units | 1,467 ( 8.5%) |
| Median Home Value | $121,879 |
| Average Home Value | $154,977 |
Housing Distribution
Address Breakdown
Residential
16,469
Single Family
13,032
Multi-Family
3,437
Businesses
836
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