4 Laura LnDewittMI48820
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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 Dewitt at 4 Laura Ln, Dewitt, MI, 48820 listed at $299,000 pairs $2,728/mo rent with a $1,463/mo payment to leave $757/mo cash flow. Total monthly income runs $2,728/mo, and annual cash flow reaches $9,080/yr on $99,119 cash to close. Return on cash invested measures 29.07% in year one, and rental yield registers 10.95% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 152.49% and total cumulative return in cash totals $151,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,728/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
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Nearby investment properties with comparable prices
Listed by: Katherine Keener • Berkshire Hathaway HomeServices Tomie Raines
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #285584
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 2023 Greater Lansing Association of REALTORS