233 Regent StLansingMI48912
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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 233 Regent St, Lansing, MI, 48912 uses $54,698 cash to close to unlock $7,182/yr annual cash flow and $599/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $808/mo payment keeps the spread at $599/mo. Purchase price stands at $165,000, and rental yield measures 12.27% with $1,687/mo rent. Return on cash invested shows 33.04% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 173.82% and total cumulative return in cash records $95,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $808/mo payment rather than investor’s personal income.
Multi Family
Built in 1908
6,534 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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