2110 La Mer LnHaslettMI48840
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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 2110 La Mer Ln, Haslett, MI, 48840 uses $53,040 cash to close to unlock $4,692/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,446/mo, and a $783/mo payment keeps the spread at $391/mo. Purchase price stands at $160,000, and rental yield measures 10.85% with $1,446/mo rent. Return on cash invested shows 28.76% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 150.79% and total cumulative return in cash records $79,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,446/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
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Listed by: Kimberly Lundberg • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288799
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