915 Eureka StLansingMI48912
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
Investment property for sale in Lansing at 915 Eureka St, Lansing, MI, 48912 at $199,000 posts ROI 27.73% with $430/mo cash flow from $1,742/mo rent. Total monthly income equals $1,742/mo, and annual cash flow records $5,156/yr on $65,969 to close. Return on cash invested measures 27.73% and rental yield reads 10.5% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 145.3% and total cumulative return in cash totals $95,850.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,742/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1895
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48912, Lansing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 3,846 (41.8%) |
| Renter Occupied HU | 4,595 (49.9%) |
| Vacant Housing Units | 767 ( 8.3%) |
| Median Home Value | $165,968 |
| Average Home Value | $195,356 |
Housing Distribution
Address Breakdown
Residential
9,234
Single Family
6,927
Multi-Family
2,307
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
