6196 Rutherford Ave, East Lansing, MI, 48823 | $442/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in East Lansing at 6196 Rutherford Ave, East Lansing, MI, 48823 priced at $209,900 converts $1,826/mo rent into $442/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,826/mo, and annual cash flow totals $5,306/yr on $69,582 invested. Return on cash invested prints 27.53% in year one, and rental yield reads 10.44% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 144.33% and total cumulative return in cash sums $100,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,826/mo property income covering a $1,027/mo payment, not borrower’s personal income.

Single Family

Built in 1950

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48823, East Lansing, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,865 (100%)
Owner Occupied HU	10,317 (39.9%)
Renter Occupied HU	13,227 (51.1%)
Vacant Housing Units	2,321 ( 9.0%)
Median Home Value	$296,966
Average Home Value	$329,463