8645 Lansing AveRives JunctionMI49277
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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 Rives Junction at 8645 Lansing Ave, Rives Junction, MI, 49277 offers a 7.46% rental yield on a $299,900 purchase with $1,865/mo rent. 55% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 96.11% and total cumulative return in cash at $95,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49277, Rives Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,201 (88.4%) |
| Renter Occupied HU | 92 ( 6.8%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $261,993 |
| Average Home Value | $280,718 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
35
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Listed by: Tyler Schopper • EXIT Realty Home Partners
Mls Name: Greater Lansing AOR
Mls ID: #293198