720 Westhaven BlvdLansingMI48917
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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 720 Westhaven Blvd, Lansing, MI, 48917 at $264,999 posts ROI 23.49% with $263/mo cash flow from $2,010/mo rent. Total monthly income equals $2,010/mo, and annual cash flow records $3,150/yr on $87,847 to close. Return on cash invested measures 23.49% and rental yield reads 9.1% at the current $264,999. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,214 by year five. Five-year ROI prints 122.63% and total cumulative return in cash totals $107,727.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,010/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48917, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,006 (100%) |
| Owner Occupied HU | 9,492 (59.3%) |
| Renter Occupied HU | 5,831 (36.4%) |
| Vacant Housing Units | 683 ( 4.3%) |
| Median Home Value | $228,813 |
| Average Home Value | $243,744 |
Housing Distribution
Address Breakdown
Residential
15,809
Single Family
11,867
Multi-Family
3,942
Businesses
1,288
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