4.5 Locust LnLansingMI48911
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 4.5 Locust Ln, Lansing, MI, 48911 earns from $3,134/mo rent with a $2,594/mo payment. Total monthly income totals $3,134/mo. ROI tracks 17.58% on current figures, and rental yield reads 7.1% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 90.86% and total cumulative return in cash sums $158,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,134/mo property income instead of your personal income.
Single Family
Built in 1988
0.65 Acres 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