3814 Wedgewood DrLansingMI48911
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 Lansing at 3814 Wedgewood Dr, Lansing, MI, 48911 at $163,500 posts ROI 35.85% with $720/mo cash flow from $1,821/mo rent. Total monthly income equals $1,821/mo, and annual cash flow records $8,642/yr on $54,200 to close. Return on cash invested measures 35.85% and rental yield reads 13.37% at the current $163,500. Equity gained on principal adds $1,055/yr, and 5% annual appreciation supports $45,172 by year five. Five-year ROI prints 189.16% and total cumulative return in cash totals $102,524.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,821/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48911, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,330 (100%) |
| Owner Occupied HU | 9,298 (50.7%) |
| Renter Occupied HU | 7,861 (42.9%) |
| Vacant Housing Units | 1,171 ( 6.4%) |
| Median Home Value | $154,625 |
| Average Home Value | $223,948 |
Housing Distribution
Address Breakdown
Residential
17,164
Single Family
14,955
Multi-Family
2,209
Businesses
778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Bunn • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #290492
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