408 Whitehills Dr, East Lansing, MI, 48823 | 7.01% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,623/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 7.01% with $2,623/mo rent. Return on cash invested shows 17.18% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 88.75% and total cumulative return in cash records $132,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $2,198/mo payment rather than investor’s personal income.

Single Family

Built in 1951

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48823, East Lansing, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,865 (100%)
Owner Occupied HU	10,317 (39.9%)
Renter Occupied HU	13,227 (51.1%)
Vacant Housing Units	2,321 ( 9.0%)
Median Home Value	$296,966
Average Home Value	$329,463