413 N Clemens AveLansingMI48912
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 413 N Clemens Ave, Lansing, MI, 48912 with 5% annual appreciation on a $164,900 basis while $1,786/mo rent supports operations. Total monthly income totals $1,786/mo and a $807/mo payment preserves $699/mo for cash returns. Annual cash flow comes to $8,384/yr on $54,664 deployed, and return on cash invested reaches 35.25% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 13%. Five-year ROI measures 185.63% and total cumulative return in cash totals $101,476.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,786/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices