5629 Bayonne AveHaslettMI48840
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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 5629 Bayonne Ave, Haslett, MI, 48840 generates $2,754/mo in rent, after a $1,664/mo payment. Total monthly income is $2,754/mo. Return on cash invested sits at 19.47% in year one, and rental yield is 9.72% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 103.14% and total cumulative return in cash sums $116,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$470 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Stacee Robison • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288780
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