1004 Mccullough St · Lansing, MI 48912

$95,000

2 bd · 1.5 ba · 520 sqft · SingleFamily public records · 90 Days on market

Built 1924 3,049 sqft lot $183/sqft · 88% above area Est $73k · 31% over

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Why this score? — see what drove the C- 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 +24.9/30.0
• DSCR +8.1/10.0
• 1% rule +6.4/10.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows--including in the basement--and new light fixtures--including modern recessed lighting--span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

Key facts

• New vanity
• Brand new kitchen
• Massive upper level

Tags

• MASSIVE UPPER LEVEL
• BRAND NEW KITCHEN
• NEW CABINETRY
• STAINLESS STEEL APPLIANCES
• COMPLETELY UPDATED BATHROOM
• NEW VANITY

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $89k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.9% 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; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k 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 $27k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 2y ago; this cycle's ask has dropped $13k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $25k; list at $95k implies a 280% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — 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: 1.14% ✓
• Cap rate: 8.87%
• Cash-on-cash: 9.22%
• DSCR: 1.41
• GRM: 7.3

CMA / ARV

• ARV (median comp): $72,751
• List price: $95,000
• Delta: 30.58%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1218 Parkview St	0.29mi	2/1.0	520 (0%)	19mo	$63,000	$121	69
712 S Francis Ave	0.68mi	1/1.0 (-1)	524 (+1%)	2mo	$27,500	$52	58
701 S Fairview Ave	0.46mi	3/1.0 (+1)	484 (-7%)	9mo	$102,000	$211	52

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: 2.1%
• Equity multiple: 1.08×
• Total profit: $2,194
• Equity at exit: $14,165

10-year hold

• IRR: 15.2%
• Equity multiple: 2.47×
• Total profit: $39,044
• Equity at exit: $8,214

Cash invested: $26,600 (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.

Methodology + full state rankings →

ZIP-level market 48912

• Rents YoY: 7.0%
• Active inventory: 98
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,083 high
• Mortgage (P&I): −$498
• Tax from tax record: −$113 /mo · $1,360/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $204

Break-even live

Break-even rent $824

Max offer price $95,000

Occupancy floor 76%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2208 Marcus St Lansing, MI	3.0	1.0	616	$1,175	$1.91	21d	1	0.62mi
1420 S Pennsylvania Ave Lansing, MI	1.0	1.0	700	$750	$1.07	21d	3	0.63mi
1424 S Pennsylvania Ave Lansing, MI	1.0	1.0	700	$915	$1.31	43d	1	0.65mi
2010 E Michigan Ave Unit 209 Lansing, MI	1.0	1.0	730	$1,350	$1.85	13d	1	0.76mi
129 S Hosmer St Unit 1 Lansing, MI	1.0	1.0	500	$795	$1.59	21d	1	0.80mi
335 E Saint Joseph St Unit 6 Lansing, MI	2.0	1.0	700	$949	$1.36	43d	1	0.92mi
313 E Saint Joseph St Lansing, MI	2.0	1.0	475	$1,150	$2.42	13d	7	0.96mi
509 Cherry St Unit 2 Lansing, MI	1.0	1.0	550	$975	$1.77	21d	1	1.00mi
825 S Washington Ave Apt 103 Lansing, MI	1.0	1.0	520	$1,095	$2.11	43d	1	1.11mi
855 S Washington Ave Lansing, MI	1.0	1.0	576	$1,245	$2.16	21d	3	1.14mi
855 S Washington Ave Lansing, MI	1.0	1.0	576	$1,245	$2.16	43d	9	1.14mi
920 S Washington Ave Lansing, MI	1.0–2.0	1.0–2.0	900	$1,250	$1.39	13d	1	1.17mi
1016 E Greenlawn Ave Unit 3 Lansing, MI	2.0	1.0	750	$925	$1.23	13d	1	1.37mi
420 S Walnut St Lansing, MI	1.0	1.0	525	$875	$1.67	43d	1	1.46mi
515 S Chestnut St Lansing, MI	1.0	1.0	646	$942	$1.46	13d	8	1.46mi
936 N Fairview Ave Lansing, MI	1.0–2.0	1.0	825	$1,245	$1.51	43d	2	1.48mi

Listing history 48 events

1. 2026-06-18
   days on market $95,000 Active 90 DOM
2. 2026-06-18
   price $95,000 Active 89 DOM
3. 2026-06-17
   days on market $97,000 Active 89 DOM
4. 2026-06-16
   days on market $97,000 Active 88 DOM
5. 2026-06-15
   days on market $97,000 Active 87 DOM
6. 2026-06-14
   days on market $97,000 Active 85 DOM
7. 2026-06-13
   days on market $97,000 Active 84 DOM
8. 2026-06-10
   days on market $97,000 Active 82 DOM
9. 2026-06-09
   days on market $97,000 Active 81 DOM
10. 2026-06-08
    days on market $97,000 Active 80 DOM
11. 2026-06-07
    days on market $97,000 Active 79 DOM
12. 2026-06-05
    days on market $97,000 Active 76 DOM
13. 2026-06-03
    pricedays on market $97,000 Active 75 DOM
14. 2026-06-02
    days on market $99,900 Active 74 DOM
15. 2026-06-01
    days on market $99,900 Active 73 DOM
16. 2026-05-31
    days on market $99,900 Active 72 DOM
17. 2026-05-30
    days on market $99,900 Active 71 DOM
18. 2026-05-13
    price $99,900 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

19. 2026-05-13
    price $99,900 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

20. 2026-04-25
    price $101,400 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

21. 2026-04-25
    price $101,400 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

22. 2026-04-09
    price $101,900 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

23. 2026-04-09
    price $101,900 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

24. 2026-04-01
    price $102,900 1035-char remark

    Show marketing remark (1035 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows--including in the basement--and new light fixtures--including modern recessed lighting--span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

25. 2026-03-31
    price $102,900 1055-char remark

    Show marketing remark (1035 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows--including in the basement--and new light fixtures--including modern recessed lighting--span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

26. 2026-03-31
    status Active 1035-char remark

    Show marketing remark (1035 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows--including in the basement--and new light fixtures--including modern recessed lighting--span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

27. 2026-03-27
    historical 1035-char remark

    Show marketing remark (1035 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows--including in the basement--and new light fixtures--including modern recessed lighting--span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

28. 2026-03-24
    price $104,900 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

29. 2026-03-24
    price $104,900 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

30. 2026-03-20
    status Active 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

31. 2026-03-20
    status Active 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

32. 2026-03-20
    historical 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

33. 2026-03-20
    historical 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

34. 2026-03-19
    listed $107,900 Active 1035-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

35. 2026-03-19
    listed $107,900 Active 1055-char remark

    Show marketing remark (1055 chars)

    This two-bedroom home has been completely updated and is move-in ready. Through the front door, beautiful, brand new Sandy vinyl plank flooring spans the entire interior, including the absolutely massive upper level that encompasses the entire second floor. Each of the bedrooms on the main floor features closets. Through the living room, a brand new kitchen awaits, featuring all new cabinetry, countertops, and stainless steel appliances. The main floor is rounded out by a completely updated bathroom that includes a new vanity, medicine cabinet, a new shower surround, and a new toilet. New doors, new windows—including in the basement—and new light fixtures—including modern recessed lighting—span the entire property. This home is made to last with a newer roof, a one-car garage, updated electrical, brand new plumbing, a new water heater, and a new furnace. The exterior of this home has seen fresh paint on the porch and new stone laid in the driveway. This one absolutely will not last long. Schedule your showing today!

36. 2025-07-23
    soldstatus $25,000 Closed
37. 2025-07-23
    soldstatus $25,000 Closed
38. 2025-07-12
    status Pending
39. 2025-07-12
    status Pending
40. 2025-06-26
    listed $39,999 Active
41. 2025-06-25
    listed $39,999 Active
42. 2025-01-02
    soldstatus $14,500
43. 2025-01-02
    soldstatus $14,500 Closed
44. 2024-12-30
    status Pending
45. 2024-12-03
    historical Active Under Contract
46. 2024-10-21
    price $25,000
47. 2024-10-09
    listed $25,000
48. 2024-10-09
    listed $35,000 Active

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,360 · $113/mo
• Projected year-2 tax: $1,412 · $118/mo
• Expected delta: +$51/yr (+$4/mo · 3.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,995
• − Mortgage interest: −$5,321
• − Property taxes: −$1,360
• − Insurance: −$475
• − Repairs & maintenance: −$1,040
• − Management: −$1,040
• − Depreciation: −$2,764
• Taxable income: $996
• Est. tax owed @ 24.0%: −$239
• After-tax cash flow: $2,214/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
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+299.6% since first listed

31 events — show timeline

• 2026-05-13 Price Changed $99,900 REALCOMP
• 2026-05-13 Price Changed $99,900 Greater Lansing AoR
• 2026-04-25 Price Changed $101,400 REALCOMP
• 2026-04-25 Price Changed $101,400 Greater Lansing AoR
• 2026-04-09 Price Changed $101,900 REALCOMP
• 2026-04-09 Price Changed $101,900 Greater Lansing AoR
• 2026-04-01 Price Changed $102,900 REALCOMP
• 2026-03-31 Price Changed $102,900 Greater Lansing AoR
• 2026-03-31 Relisted — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-24 Price Changed $104,900 REALCOMP
• 2026-03-24 Price Changed $104,900 Greater Lansing AoR
• 2026-03-20 Relisted — REALCOMP
• 2026-03-20 Relisted — Greater Lansing AoR
• 2026-03-20 Listing Removed — REALCOMP
• 2026-03-20 Listing Removed — Greater Lansing AoR
• 2026-03-19 Listed $107,900 Greater Lansing AoR
• 2026-03-19 Listed $107,900 REALCOMP
• 2025-07-23 Sold (MLS) $25,000 Greater Lansing AoR
• 2025-07-23 Sold (MLS) $25,000 REALCOMP
• 2025-07-12 Pending — REALCOMP
• 2025-07-12 Pending — Greater Lansing AoR
• 2025-06-26 Listed $39,999 REALCOMP
• 2025-06-25 Listed $39,999 Greater Lansing AoR
• 2025-01-02 Sold (MLS) $14,500 Greater Lansing AoR
• 2025-01-02 Sold (MLS) $14,500 REALCOMP
• 2024-12-30 Pending — Greater Lansing AoR
• 2024-12-03 Contingent — Greater Lansing AoR
• 2024-10-21 Price Changed $25,000 Greater Lansing AoR
• 2024-10-09 Listed $35,000 Greater Lansing AoR
• 2024-10-09 Listed $25,000 REALCOMP

Property tax history

+5.7%/yr

Latest (2025): $1,360 · -11.5% YoY. Source: county tax records.