9050 Laingsburg RdLaingsburgMI48848
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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 Laingsburg at 9050 Laingsburg Rd, Laingsburg, MI, 48848 offers a 9.23% rental yield on a $269,900 purchase with $2,077/mo rent. Total monthly income registers $2,077/mo, and a $1,321/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,566/yr on $89,472 to close, and return on cash invested stands at 23.89% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 124.79% and total cumulative return in cash at $111,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,077/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48848, Laingsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,831 (85.1%) |
| Renter Occupied HU | 323 ( 9.7%) |
| Vacant Housing Units | 174 ( 5.2%) |
| Median Home Value | $301,497 |
| Average Home Value | $316,705 |
Housing Distribution
Address Breakdown
Residential
3,028
Single Family
3,000
Multi-Family
28
Businesses
106
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Listed by: Amie Brown • Coldwell Banker Professionals-E.L.
Mls Name: Greater Lansing AOR
Mls ID: #292322