726 Mahlon StLansingMI48906
Nearby investment properties with comparable rents
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
Rental property for sale in Lansing at 726 Mahlon St, Lansing, MI, 48906 priced at $100,000 converts $751/mo rent into $92/mo cash flow after a $489/mo obligation. Total monthly income equals $751/mo, and annual cash flow totals $1,104/yr on $33,150 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.01% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 121.21% and total cumulative return in cash sums $40,180. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $751/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.91 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices