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1400 Park Ave Lansing, MI 48910
  • 3 Beds
  • 1 Baths
  • 896 Sq. Ft
  • Built In 1938
Active
$55,000
RentRange AVM
$740 /mo

Financial Performance

Gross Yield

16.15%

based on an annual rent of $8,880.00 divided by the offer price of $55,000.00.

Net Yield

8.25%

based on a yearly adjusted income of $8,169.60 minus the total annual expense of $3,630.57 divided by the offer price of $55,000.00.

Cash Flow

$4,539

based on a yearly adjusted income of $8,169.60 minus the total annual expense of $3,630.57 and yearly mortgage expense.

Home Details

Features

  • listed date Listed Date: January 21, 2017
  • year built Year built: 1938
  • square footage SqFt: 896
  • price per square foot Price/SqFt: $61
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • property type Type:   Single Family
  • county County: Ingham
  • Listing ID: 210706
1400 Park Ave Lansing, MI 48910
  • 3 Beds
  • 1 Baths
  • 896 Sq. Ft
  • Built In 1938
Active
$55,000
RentRange AVM
$740 /mo

Gross Yield

16.15%

based on an annual rent of $8,880.00 divided by the offer price of $55,000.00.

Net Yield

8.25%

based on a yearly adjusted income of $8,169.60 minus the total annual expense of $3,630.57 divided by the offer price of $55,000.00.

Cash Flow

$4,539

based on a yearly adjusted income of $8,169.60 minus the total annual expense of $3,630.57 and yearly mortgage expense.

Home Details

Features

  • listed date Listed Date: January 21, 2017
  • property type Type:   Single Family
  • year built Year built: 1938
  • square footage SqFt: 896
  • price per square foot Price/SqFt: $61
  • bedrooms Bed: 3
  • bathrooms Bath: 1
  • county County: Ingham
  • Listing ID: 210706

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