2103 Laurel Ln, Midland, MI, 48642 | 7.82% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Midland at 2103 Laurel Ln, Midland, MI, 48642 with 5% annual appreciation on a $193,500 basis while $1,261/mo rent supports operations. 63% in year one. Equity gained on principal adds $1,249/yr, and five-year appreciation sums $53,460 alongside rental yield of 7.82%. Five-year ROI measures 101.95% and total cumulative return in cash totals $65,395. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,261/mo property income versus a $947/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48642, Midland, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,273 (100%)
Owner Occupied HU	10,847 (71.0%)
Renter Occupied HU	3,491 (22.9%)
Vacant Housing Units	935 ( 6.1%)
Median Home Value	$218,575
Average Home Value	$275,267