712 Sanford StLansingMI48906
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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
Investment property for sale in Lansing at 712 Sanford St, Lansing, MI, 48906 at $124,500 posts ROI 23.93% with $138/mo cash flow from $959/mo rent. Total monthly income equals $959/mo, and annual cash flow records $1,660/yr on $41,272 to close. Return on cash invested measures 23.93% and rental yield reads 9.24% at the current $124,500. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 by year five. Five-year ROI prints 125.01% and total cumulative return in cash totals $51,592.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $959/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48906, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,957 (100%) |
| Owner Occupied HU | 7,359 (61.5%) |
| Renter Occupied HU | 3,770 (31.5%) |
| Vacant Housing Units | 828 ( 6.9%) |
| Median Home Value | $161,192 |
| Average Home Value | $200,403 |
Housing Distribution
Address Breakdown
Residential
10,924
Single Family
9,787
Multi-Family
1,137
Businesses
869
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