705 Princeton AveLansingMI48915
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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 705 Princeton Ave, Lansing, MI, 48915 at $139,850 posts ROI 23.77% with $149/mo cash flow from $1,071/mo rent. Total monthly income equals $1,071/mo, and annual cash flow records $1,791/yr on $46,360 to close. Return on cash invested measures 23.77% and rental yield reads 9.19% at the current $139,850. Equity gained on principal adds $902/yr, and 5% annual appreciation supports $38,638 by year five. Five-year ROI prints 124.14% and total cumulative return in cash totals $57,551.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,071/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1914
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48915, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,459 (100%) |
| Owner Occupied HU | 2,378 (53.3%) |
| Renter Occupied HU | 1,600 (35.9%) |
| Vacant Housing Units | 481 (10.8%) |
| Median Home Value | $132,766 |
| Average Home Value | $165,350 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,824
Multi-Family
195
Businesses
100
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