5842 Durwell DrLansingMI48911
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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 5842 Durwell Dr, Lansing, MI, 48911 at $149,900 posts ROI 40.34% with $846/mo cash flow from $1,858/mo rent. Total monthly income equals $1,858/mo, and annual cash flow records $10,154/yr on $49,692 to close. Return on cash invested measures 40.34% and rental yield reads 14.87% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 213.23% and total cumulative return in cash totals $105,959.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,858/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
8,712 sqft 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
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