611 N Pine StLansingMI48933
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 611 N Pine St, Lansing, MI, 48933 in Lansing: $1,597/mo in rent, $604/mo net, 15.97% gross yield, all on a $110,900 acquisition. The 3.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $30,640 in value, and $1,021/yr in principal paydown steadily builds equity. Projected total cumulative return: $97,977.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 7.8% |
| Monthly Cash Flow | $604 | $450 |
City averages based on Lansing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,597 |
| Total Monthly Debt Service | $687 |
| DSCR Ratio | 2.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1897
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48933, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 184 ( 8.2%) |
| Renter Occupied HU | 1,586 (70.5%) |
| Vacant Housing Units | 480 (21.3%) |
| Median Home Value | $148,661 |
| Average Home Value | $199,755 |
Housing Distribution
Address Breakdown
Residential
1,998
Single Family
670
Multi-Family
1,328
Businesses
549
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
Multi Family
Built in 1897
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48933, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 184 ( 8.2%) |
| Renter Occupied HU | 1,586 (70.5%) |
| Vacant Housing Units | 480 (21.3%) |
| Median Home Value | $148,661 |
| Average Home Value | $199,755 |
Housing Distribution
Address Breakdown
Residential
1,998
Single Family
670
Multi-Family
1,328
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices