933 Northlawn Ave, East Lansing, MI, 48823 | $1,889/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in East Lansing at 933 Northlawn Ave, East Lansing, MI, 48823 uses $119,009 cash to close to unlock $22,669/yr annual cash flow and $1,889/mo monthly cash flow. Total monthly income runs $4,344/mo, and a $1,757/mo payment keeps the spread at $1,889/mo. Purchase price stands at $359,000, and rental yield measures 14.52% with $4,344/mo rent. Return on cash invested shows 38.96% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 205.87% and total cumulative return in cash records $244,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,344/mo property income covering a $1,757/mo payment rather than investor’s personal income.

Single Family

Built in 1953

9,147 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48823, East Lansing, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,865 (100%)
Owner Occupied HU	10,317 (39.9%)
Renter Occupied HU	13,227 (51.1%)
Vacant Housing Units	2,321 ( 9.0%)
Median Home Value	$296,966
Average Home Value	$329,463