5569 Wild Iris LnHaslettMI48840
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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 Haslett at 5569 Wild Iris Ln, Haslett, MI, 48840 priced at $560,000 converts $4,102/mo rent into $247/mo cash flow after a $2,741/mo obligation. Total monthly income equals $4,102/mo, and annual cash flow totals $2,963/yr on $184,240 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.79% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 113.16% and total cumulative return in cash sums $208,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,102/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.43 Acres lot
$N/A/sqft
$100 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lynne VanDeventer • Coldwell Banker Professionals -Okemos
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #285388
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