715 W Holmes RdLansingMI48910
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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
Rental property for sale in Lansing at 715 W Holmes Rd, Lansing, MI, 48910 priced at $134,900 pairs $1,151/mo rent with $262/mo cash flow after a $660/mo payment. Total monthly income equals $1,151/mo, and annual cash flow comes to $3,140/yr on $44,719 invested. Return on cash invested is 26.93% in year one, and rental yield stands at 10.24% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 141.05% and total cumulative return in cash reaches $63,077. For financing, Ziffy Mortgage’s DSCR program evaluates $1,151/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48910, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 8,914 (51.9%) |
| Renter Occupied HU | 6,788 (39.5%) |
| Vacant Housing Units | 1,467 ( 8.5%) |
| Median Home Value | $121,879 |
| Average Home Value | $154,977 |
Housing Distribution
Address Breakdown
Residential
16,469
Single Family
13,032
Multi-Family
3,437
Businesses
836
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