3131 Lehman RdLaingsburgMI48848
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Laingsburg at 3131 Lehman Rd, Laingsburg, MI, 48848 uses $66,267 cash to close to unlock $2,474/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $978/mo payment keeps the spread at $206/mo. Purchase price stands at $199,900, and rental yield measures 9.15% with $1,524/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 123.47% and total cumulative return in cash records $81,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1995
3.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48848, Laingsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,831 (85.1%) |
| Renter Occupied HU | 323 ( 9.7%) |
| Vacant Housing Units | 174 ( 5.2%) |
| Median Home Value | $301,497 |
| Average Home Value | $316,705 |
Housing Distribution
Address Breakdown
Residential
3,028
Single Family
3,000
Multi-Family
28
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kari Dickenson • RE/MAX Real Estate Professionals Dewitt
Mls Name: Greater Lansing AOR
Mls ID: #292767