418 Spicetree LnMasonMI48854
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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
Rental property for sale in Mason at 418 Spicetree Ln, Mason, MI, 48854 priced at $295,000 pairs $2,060/mo rent with after a $1,444/mo payment. Total monthly income equals $2,060/mo. Return on cash invested is 19.08% in year one, and rental yield stands at 8.38% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 99.76% and total cumulative return in cash reaches $97,562. For financing, Ziffy Mortgage’s DSCR program evaluates $2,060/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
8,276 sqft lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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Listed by: Marci Murphy • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286846
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