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509 Clifford St
B Composite 70.08
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Rent growth +4.3/5.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • Appreciation +0.0/10.0

$38,900

509 Clifford St · Lansing, MI 48912
3 bd · 1.0 ba · 936 sqft · SingleFamily public records · 94 Days on market
Built 1918 3,049 sqft lot $42/sqft · 55% below area

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

Key facts

  • 3,049 sq ft lot
  • Built 1918
  • Listed 94 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $39k.

Deal economics

  • At list price, monthly cash flow is $821 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $39k).
  • Recommended offer: $35k (9.0% below list) — sets the bar for market timing.
  • Cap rate 31.6% vs local median 6.0% in Lansing — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 79/100 on livability (#94 in MI, #2,182 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, schools F, crime F.
  • Lansing Public School District (urban): math 14% / reading 23% proficiency, ranked #650 of 760 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+7.0%/yr); 98 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $269 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Ingham County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 7.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 94 days — a 9% lower offer ($35k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 13y ago; this cycle's ask has dropped $16k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $12k; list at $39k implies a 224% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $35,399 (9.0% below list)

Questions for the listing agent

  1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
3.55%
Cap rate
31.62%
Cash-on-cash
90.47%
DSCR
5.03
GRM
2.3

CMA / ARV

ARV (median comp)
$87,123
List price
$38,900
Delta
-55.35%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
509 Clifford St 0.00mi 3/1.0 936 (0%) 0mo $32,000 $34 100
400 Lathrop St 0.11mi 3/2.0 1,003 (+7%) 1mo $115,000 $115 78
646 S Clemens Ave 0.37mi 3/1.0 912 (-3%) 1mo $105,100 $115 78
710 Leslie St 0.27mi 2/1.0 (-1) 976 (+4%) 0mo $125,000 $128 75
1031 Bement St 0.36mi 2/1.0 (-1) 908 (-3%) 1mo $106,500 $117 72
531 S Hayford Ave 0.55mi 3/1.0 960 (+3%) 3mo $100,000 $104 68
520 S Leslie St 0.22mi 2/1.0 (-1) 840 (-10%) 1mo $113,000 $135 67
311 N Magnolia Ave 0.73mi 3/1.0 910 (-3%) 1mo $102,000 $112 61
421 S Clemens Ave 0.37mi 2/1.0 (-1) 839 (-10%) 1mo $110,000 $131 59
404 S Hayford Ave 0.54mi 2/1.0 (-1) 884 (-6%) 2mo $58,000 $66 59
206 Custer Ave 0.47mi 2/1.0 (-1) 1,040 (+11%) 2mo $132,000 $127 52
617 S Hosmer St 0.59mi 2/1.0 (-1) 796 (-15%) 2mo $87,000 $109 41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.02% rent growth · sell at horizon

5-year hold
IRR
95.7%
Equity multiple
5.76×
Total profit
$51,824
Equity at exit
$5,800
10-year hold
IRR
99.2%
Equity multiple
13.71×
Total profit
$138,444
Equity at exit
$3,363

Cash invested: $10,892 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48912

Rents YoY
7.0%
Active inventory
98
Price-to-rent
2.3×

Monthly cashflow live

Estimated rent
$1,380 high interval (Pro) →
Mortgage (P&I)
$204
Tax est. 1.5%
$49 /mo · $584/yr
Insurance
$16
HOA
$0
Vacancy / Maint / Mgmt
$290
Net cashflow
$821

Break-even live

Break-even rent $340
Max offer price $38,900
Occupancy floor 35%

Sensitivity live

Price -10% $848 -5% $835 +0% $821 +5% $808 +10% $794
Rent -10% $712 -5% $767 +0% $821 +5% $876 +10% $930
Rate -1.0pp $841 -0.5pp $831 base $821 +0.5pp $811 +1.0pp $801

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$9,725
Closing costs
$1,167
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
910 Dakin St Lansing, MI 3.0 1.0 908 $1,295 $1.43 44d 1 0.23mi
1100 Malcolm X St Unit B Lansing, MI 2.0 1.0 979 $1,050 $1.07 14d 1 0.41mi
1629 E Michigan Ave Unit 306 Lansing, MI 2.0 1.0 901 $1,550 $1.72 44d 1 0.42mi
208 S Bingham St Lansing, MI 4.0 1.0 1020 $1,500 $1.47 14d 1 0.47mi
2208 Marcus St Lansing, MI 3.0 1.0 616 $1,175 $1.91 22d 1 0.48mi
1223 Bensch St Lansing, MI 3.0 1.0 850 $1,200 $1.41 22d 1 0.55mi
805 Bement St Unit Hosmer 507 Lansing, MI 2.0 1.0 1120 $1,075 $0.96 44d 1 0.60mi
507 S Hosmer St Lansing, MI 2.0 1.0 1120 $1,075 $0.96 44d 1 0.61mi
2222 E Michigan Ave Unit 206 Lansing, MI 2.0 2.0 900 $1,700 $1.89 44d 1 0.63mi
2222 E Michigan Ave Unit 411 Lansing, MI 2.0 2.0 900 $1,700 $1.89 22d 1 0.63mi
905 E Shiawassee St Unit 837-02 Lansing, MI 2.0 1.0 800 $750 $0.94 44d 1 0.83mi
905 E Shiawassee St Unit 837-01 Lansing, MI 2.0 1.0 800 $850 $1.06 44d 1 0.83mi
414 N Hayford Ave Lansing, MI 3.0 1.0 990 $1,425 $1.44 44d 1 0.86mi
113 Pere Marquette Dr Lansing, MI 1.0–2.0 1.0–2.0 1065 $2,250 $2.11 14d 9 0.86mi
335 E Saint Joseph St Unit 6 Lansing, MI 2.0 1.0 700 $949 $1.36 44d 1 0.96mi
313 E Saint Joseph St Lansing, MI 2.0 1.0 475 $1,150 $2.42 14d 7 1.00mi
730 Johnson Ave Lansing, MI 2.0 1.0 840 $1,225 $1.46 44d 1 1.02mi
824 Cleveland St Lansing, MI 2.0 1.0 839 $1,150 $1.37 22d 1 1.06mi
401 S Washington Sq Unit 205 Lansing, MI 2.0 1.0 968 $1,355 $1.40 44d 1 1.17mi
936 N Fairview Ave Lansing, MI 1.0–2.0 1.0 825 $1,245 $1.51 44d 2 1.21mi
620 May St Lansing, MI 1.0–2.0 1.0–2.0 1126 $1,578 $1.40 14d 12 1.22mi
920 S Washington Ave Lansing, MI 1.0–2.0 1.0–2.0 900 $1,250 $1.39 14d 1 1.25mi
832 N Larch St Apt 3 Lansing, MI 2.0 1.0 890 $1,095 $1.23 44d 1 1.31mi
2620 Senate Dr Lansing, MI 1.0–2.0 1.0–2.0 950 $1,800 $1.89 44d 1 1.35mi
1228 N Fairview Ave Lansing, MI 3.0 2.0 1100 $1,700 $1.55 44d 1 1.41mi

Listing history 31 events

  1. 2026-06-07
    statusdays on market $38,900 Pending 94 DOM
  2. 2026-06-05
    days on market $38,900 Active Under Contract 92 DOM
  3. 2026-06-03
    days on market $38,900 Active Under Contract 91 DOM
  4. 2026-06-02
    days on market $38,900 Active Under Contract 90 DOM
  5. 2026-06-01
    days on market $38,900 Active Under Contract 89 DOM
  6. 2026-05-31
    days on market $38,900 Active Under Contract 88 DOM
  7. 2026-05-30
    days on market $38,900 Active Under Contract 87 DOM
  8. 2026-05-08
    price $38,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  9. 2026-05-08
    price $38,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  10. 2026-05-01
    price $39,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  11. 2026-04-30
    price $39,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  12. 2026-04-24
    price $47,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  13. 2026-04-23
    price $47,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  14. 2026-04-22
    price $48,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  15. 2026-04-22
    price $48,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  16. 2026-04-02
    price $51,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  17. 2026-04-02
    price $51,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  18. 2026-03-27
    price $52,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  19. 2026-03-26
    price $52,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  20. 2026-03-13
    price $53,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  21. 2026-03-12
    price $53,900 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  22. 2026-03-04
    listed $54,900 Active 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  23. 2026-03-04
    listed $54,900 Active 607-char remark
    Show marketing remark (607 chars)

    509 Clifford St presents a strong opportunity for investors seeking their next rehab project. This property requires a full renovation and is priced accordingly, offering significant upside potential for the right buyer. With a solid structure and established location, this home provides a blank canvas to reimagine and restore. Once renovated, the property has the potential to generate strong rental income or resale value in the Lansing market. Ideal for experienced investors, contractors, or rehab specialists looking for a value-add opportunity. Property sold as-is. Cash or renovation financing only

  24. 2014-08-31
    soldstatus $12,000
  25. 2014-07-01
    listed $13,900
  26. 2014-07-01
    historical
  27. 2014-06-02
    listed $13,900
  28. 2014-05-24
    historical
  29. 2014-02-24
    listed $13,900
  30. 2014-02-14
    historical
  31. 2013-10-31
    listed $15,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,557
− Mortgage interest
−$2,179
− Property taxes
−$584
− Insurance
−$194
− Repairs & maintenance
−$1,325
− Management
−$1,325
− Depreciation
−$1,132
Taxable income
$9,819
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,357
After-tax cash flow
$7,497/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Lansing Public School District
NCES district ID
2621150
Math proficiency
14% ▲ 1.00%
Reading proficiency
23% ▲ 3.00%
Median HH income
$37,453
Composite
18.76/100
National rank
#14002
State rank
#650 of 760 in MI

Livability — Lansing

Score
79/100
State rank
#94
US rank
#2182

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lansing, MI
County
Ingham County · 237,052 people
City population
161,269
Metro
Lansing-East Lansing, MI
Population (ZIP)
17,674
Household income
$54,429
Rent vs Own
56.0% rent · 44.0% own
Severe rent burden
1171.0

Population outlook (Ingham County) Hauer SSP2

Today (2025)
300,362 people
By 2030
307,808 · +2.5%
By 2040
320,492 · +6.7%
By 2050
333,223 · +10.9%
By 2075
373,693 · +24.4%
By 2100
392,021 · +30.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
White 56% Black 22% Two or more races 12% Hispanic / Latino 10% Asian 4%
Hispanic origin (detail)
Mexican 6% Cuban 1%
Common ancestry
Romanian 5% Iranian 4% Lithuanian 3%
Foreign-born
12% · Canada, Vietnam, China
Languages at home
84% English-only · Spanish 5% French/Haitian/Cajun 1% Korean 1%

Political lean MEDSL · Ingham

2024 margin
Strong D (+29.7) · D 63.9% · R 34.2% · Other 2.0%
2008→2024 swing
-3.6pp toward R · 2008: 33.3pp · 2024: 29.7pp
All cycles
2024: D+29.7 2020: D+32.2 2016: D+27.6 2012: D+27.9 2008: D+33.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -167.67%
Current HPI
171.1549
Rent YoY
▲ 7.02%
Metro
Lansing-East Lansing, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+159.3% since first listed
24 events — show timeline
  • 2026-05-08 Price Changed $38,900 MiRealSource-MiMLS
  • 2026-05-08 Price Changed $38,900 REALCOMP
  • 2026-05-01 Price Changed $39,900 MiRealSource-MiMLS
  • 2026-04-30 Price Changed $39,900 REALCOMP
  • 2026-04-24 Price Changed $47,900 MiRealSource-MiMLS
  • 2026-04-23 Price Changed $47,900 REALCOMP
  • 2026-04-22 Price Changed $48,900 MiRealSource-MiMLS
  • 2026-04-22 Price Changed $48,900 REALCOMP
  • 2026-04-02 Price Changed $51,900 MiRealSource-MiMLS
  • 2026-04-02 Price Changed $51,900 REALCOMP
  • 2026-03-27 Price Changed $52,900 MiRealSource-MiMLS
  • 2026-03-26 Price Changed $52,900 REALCOMP
  • 2026-03-13 Price Changed $53,900 MiRealSource-MiMLS
  • 2026-03-12 Price Changed $53,900 REALCOMP
  • 2026-03-04 Listed $54,900 REALCOMP
  • 2026-03-04 Listed $54,900 MiRealSource-MiMLS
  • 2014-08-31 Sold (MLS) $12,000 Greater Lansing AoR
  • 2014-07-01 Listing Removed Greater Lansing AoR
  • 2014-07-01 Listed $13,900 Greater Lansing AoR
  • 2014-06-02 Listed $13,900 Greater Lansing AoR
  • 2014-05-24 Listing Removed Greater Lansing AoR
  • 2014-02-24 Listed $13,900 Greater Lansing AoR
  • 2014-02-14 Listing Removed Greater Lansing AoR
  • 2013-10-31 Listed $15,000 Greater Lansing AoR

Property tax history

+3.2%/yr

Latest (2025): $2,078 · -12.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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