712 W Sheridan RdLansingMI48906
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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 W Sheridan Rd, Lansing, MI, 48906 with 5% annual appreciation on a $114,900 basis while $894/mo rent supports operations. Total monthly income totals $894/mo and a $562/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,640/yr on $38,089 deployed, and return on cash invested reaches 24.21% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 9.34%. Five-year ROI measures 126.5% and total cumulative return in cash totals $48,182.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $894/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
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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