211 W Barnes Ave · Lansing, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +24.4/30.0
- DSCR +7.9/10.0
- 1% rule +7.7/10.0
- Livability +4.0/5.0
- Rent growth +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.9/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$122,400
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
Key facts
- Newer cabinets
- Newer countertop
- Eat in kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $122k.
Deal economics
- At list price, monthly cash flow is $248 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $122k).
- Recommended offer: $115k (6.0% below list) — sets the bar for market timing.
- Cap rate 8.7% 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 (+4.7%/yr); 177 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 34% of the median local income ($55k/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 $846 of loan paydown is wiped out by about $4k 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 + 4.7% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 61 days — a 6% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 3y ago; this cycle's ask has dropped $8k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $58k; list at $122k implies a 111% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 2.8% of price; built in 1907 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1907 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.27% ✓
- Cap rate
- 8.73%
- Cash-on-cash
- 8.69%
- DSCR
- 1.39
- GRM
- 6.6
CMA / ARV
- ARV (on-the-fly)
- $103,820
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1723 Osband Ave | 0.27mi | 3/1.5 (-1) | 882 (-2%) | 4mo | $145,000 | $164 | 74 |
| 1824 S Rundle Ave | 0.47mi | 3/1.0 (-1) | 915 (+2%) | 0mo | $176,000 | $192 | 69 |
| 515 Jason Ct | 0.49mi | 3/1.0 (-1) | 910 (+2%) | 6mo | $27,500 | $30 | 64 |
| 1424 Hess Ave | 0.51mi | 3/2.0 (-1) | 912 (+2%) | 7mo | $142,400 | $156 | 58 |
| 1718 Donora St | 0.74mi | 3/1.0 (-1) | 900 (+1%) | 4mo | $39,900 | $44 | 56 |
| 2104 S Rundle Ave | 0.54mi | 3/2.0 (-1) | 939 (+5%) | 2mo | $135,500 | $144 | 56 |
| 2217 Teel Ave | 0.46mi | 3/1.0 (-1) | 973 (+9%) | 8mo | $135,000 | $139 | 53 |
| 2001 S Martin Luther King Jr Blvd | 0.69mi | 4/1.0 | 975 (+9%) | 3mo | $60,000 | $62 | 51 |
| 841 Baker St | 0.74mi | 3/1.0 (-1) | 960 (+7%) | 0mo | $57,000 | $59 | 48 |
| 607 E Mount Hope Ave | 0.58mi | 3/1.0 (-1) | 825 (-8%) | 10mo | $51,000 | $62 | 47 |
| 2601 Forest Ave | 0.68mi | 3/1.0 (-1) | 965 (+8%) | 9mo | $112,000 | $116 | 43 |
| 2519 Maplewood Ave | 0.66mi | 3/1.0 (-1) | 996 (+11%) | 9mo | $79,200 | $80 | 38 |
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 · 4.71% rent growth · sell at horizon
- IRR
- -0.9%
- Equity multiple
- 0.96×
- Total profit
- $-1,213
- Equity at exit
- $18,250
- IRR
- 10.7%
- Equity multiple
- 1.91×
- Total profit
- $31,246
- Equity at exit
- $10,583
Cash invested: $34,272 (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
ZIP-level market 48910
- Rents YoY
- 4.7%
- Active inventory
- 177
- Price-to-rent
- 6.6×
Monthly cashflow live
- Estimated rent
- $1,551 medium interval (Pro) →
- Mortgage (P&I)
- −$642
- Tax from tax record
- −$284 /mo · $3,409/yr
- Insurance
- −$51
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$326
- Net cashflow
- $248
Break-even live
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
- $30,600
- Closing costs
- $3,672
- 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 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1330 W Hillsdale St Lansing, MI | 3.0 | 1.0 | 1008 | $1,550 | $1.54 | 44d | 1 | 1.23mi |
| 1223 Bensch St Lansing, MI | 3.0 | 1.0 | 850 | $1,200 | $1.41 | 21d | 1 | 1.24mi |
| 910 Dakin St Lansing, MI | 3.0 | 1.0 | 908 | $1,295 | $1.43 | 44d | 1 | 1.40mi |
| 208 S Bingham St Lansing, MI | 4.0 | 1.0 | 1020 | $1,500 | $1.47 | 14d | 1 | 1.50mi |
Listing history 38 events
-
2026-06-01days on market $122,400 Active 61 DOM
-
2026-05-31days on market $122,400 Active 60 DOM
-
2026-05-30days on market $122,400 Active 59 DOM
-
2026-05-18price $122,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-05-18price $122,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-05-10price $123,400 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-05-10price $123,400 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-05-05price $123,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-05-05price $123,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-13price $124,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-13price $124,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-09price $127,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-09price $127,900 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-01$129,900 Active 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2026-04-01$129,900 Active 1118-char remark
Show marketing remark (1118 chars)
This pleasant four-bedroom home located just blocks away from Moores Park has been tastefully updated and is move-in ready. Upon entering, you'll be greeted by updated vinyl flooring that spans the open living and dining rooms on the main level. As you make your way back to the kitchen, notice how the natural light of the afternoon sun gives the newer cabinets an appealing glow. The newer countertop and newer stainless steel appliances give a modern feel to the space that is complete with an eat in kitchen. The main floor is rounded out by two bedrooms that also feature updated vinyl flooring. New carpet stretches the stairwell leading to the second level, where you will find two massive bedrooms with multiple closets spaces in each and a large bathroom with modern finishes. The interior is rounded out with washer and dryer hookups in the basement that was recently painted. The backyard has a wooden privacy fence along one side, back alley access to the property, and a large concrete slab that gives space for multiple vehicles to park. This one won't be available for long. Schedule your showing today!
-
2023-10-10historical $1,275
-
2023-10-06historical
-
2023-10-06historical
-
2023-09-29price $114,900
-
2023-09-21price $119,900
-
2023-09-20$1,275
-
2023-09-15price $125,900
-
2023-09-05$114,900
-
2023-09-05$124,900 Active
-
2023-08-09soldstatus $58,120
-
2023-07-18soldstatus $58,120 Closed
-
2023-07-18soldstatus $58,120
-
2023-06-29status Pending
-
2023-06-22$64,900 Active
-
2023-06-19historical $64,900
-
2023-06-15$64,900
-
2023-05-08historical
-
2023-05-04status Pending
-
2023-04-25historical
-
2023-03-31status Active
-
2023-03-31historical Contingent
-
2023-01-26$64,900
-
2023-01-26$64,900 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
- $3,409 · $284/mo
- Projected year-2 tax
- $3,409 · $284/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,609
- − Mortgage interest
- −$6,856
- − Property taxes
- −$3,409
- − Insurance
- −$612
- − Repairs & maintenance
- −$1,489
- − Management
- −$1,489
- − Depreciation
- −$3,561
- Taxable income
- $1,194
- Est. tax owed @ 24.0%
- −$286
- After-tax cash flow
- $2,691/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
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)
- 32,800
- Household income
- $54,712
- Rent vs Own
- Severe rent burden
- 1305.0
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 58% Black 16% Hispanic / Latino 12% Two or more races 12% Asian 4% Native American 1%
- Hispanic origin (detail)
- Mexican 9% Cuban 2%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 87% English-only · Spanish 6% Chinese 1% Other Indo-European 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
- ▼ -211.82%
- Current HPI
- 196.8087
- Rent YoY
- ▲ 4.71%
- 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
+89.4% since first listed35 events — show timeline
- 2026-05-18 Price Changed $122,900 REALCOMP
- 2026-05-18 Price Changed $122,900 Greater Lansing AoR
- 2026-05-10 Price Changed $123,400 REALCOMP
- 2026-05-10 Price Changed $123,400 Greater Lansing AoR
- 2026-05-05 Price Changed $123,900 REALCOMP
- 2026-05-05 Price Changed $123,900 Greater Lansing AoR
- 2026-04-13 Price Changed $124,900 REALCOMP
- 2026-04-13 Price Changed $124,900 Greater Lansing AoR
- 2026-04-09 Price Changed $127,900 REALCOMP
- 2026-04-09 Price Changed $127,900 Greater Lansing AoR
- 2026-04-01 Listed $129,900 Greater Lansing AoR
- 2026-04-01 Listed $129,900 REALCOMP
- 2023-10-10 Rental Removed $1,275 APPFOLIO
- 2023-10-06 Listing Removed — Greater Lansing AoR
- 2023-10-06 Listing Removed — REALCOMP
- 2023-09-29 Price Changed $114,900 Greater Lansing AoR
- 2023-09-21 Price Changed $119,900 Greater Lansing AoR
- 2023-09-20 Listed for Rent $1,275 APPFOLIO
- 2023-09-15 Price Changed $125,900 Greater Lansing AoR
- 2023-09-05 Listed $124,900 Greater Lansing AoR
- 2023-09-05 Listed $114,900 REALCOMP
- 2023-08-09 Sold (Public Records) $58,120 Public Records
- 2023-07-18 Sold (MLS) $58,120 REALCOMP
- 2023-07-18 Sold (MLS) $58,120 Greater Lansing AoR
- 2023-06-29 Pending — Greater Lansing AoR
- 2023-06-22 Listed $64,900 Greater Lansing AoR
- 2023-06-19 Coming Soon $64,900 Greater Lansing AoR
- 2023-06-15 Listed $64,900 REALCOMP
- 2023-05-08 Listing Removed — REALCOMP
- 2023-05-04 Pending — Greater Lansing AoR
- 2023-04-25 Listing Removed — Greater Lansing AoR
- 2023-03-31 Relisted — Greater Lansing AoR
- 2023-03-31 Contingent — Greater Lansing AoR
- 2023-01-26 Listed $64,900 Greater Lansing AoR
- 2023-01-26 Listed $64,900 REALCOMP
Property tax history
+6.3%/yrLatest (2025): $3,409 · -2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…