325 N Sycamore St · Lansing, MI 48933

$124,900

4 bd · 1.0 ba · 1,658 sqft · SingleFamily public records · 125 Days on market

Built 1890 4,268 sqft lot Est $191k · 34% under

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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 +23.2/30.0
• ARV discount +15.0/15.0
• Appreciation +9.7/10.0
• DSCR +7.5/10.0
• 1% rule +6.7/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

Key facts

• Covered front porch
• Breakfast nook
• Vintage moldings

Tags

• COVERED FRONT PORCH
• ORIGINAL HARDWOOD FLOORS
• VINTAGE MOLDINGS
• SPACIOUS LIVING AREAS
• SUNLIT KITCHEN
• BREAKFAST NOOK

Property features AI

Exterior

• Parking: Detached garage; Additional parking; Driveway; Garage (faces front)
• Utilities: 100 amp electric service; Public sewer; Water connected; Water available; Sewer connected; Sewer available; Phone available; Natural gas connected; Natural gas available; High-speed internet connected; High-speed internet available; Electricity connected; Electricity available; Cable available
• Home design: Two-story home; Built in 1890; City street frontage
• Construction: Fiber cement siding; Block and stone foundation; Shingle roof
• Exterior features: Back yard; Front yard; Few trees; Landscaped; Rectangular lot; Awning(s); Front porch; Blinds; Double-pane windows; Drapes; Shingle roof; Shed(s)

Interior

• Kitchen: Dishwasher; Oven; Range; Refrigerator; Eat-in kitchen; Pantry; Laminate countertops
• Bedrooms: 4 bedrooms total; Primary bedroom (15.1 x 11.9); Bedroom 2 (14.7 x 11.7); Bedroom 3 (8.8 x 6.4); Bedroom 4 (12.11 x 10.11)
• Flooring: Hardwood; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced-air heating; Central air conditioning
• Interior features: Ceiling fans; Chandelier; Eat-in kitchen; Entrance foyer; High-speed internet; Laminate countertops; Natural woodwork; Pantry
• Laundry & utility: Main-level laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $226 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.5% 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: 13 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).
• At $1,457/mo this rent would consume 52% of the median local household income ($34k/yr) (locally 413% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $13k of equity ($864 loan paydown + $12k appreciation (9.4% local appreciation)).
• Ingham County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (9.4% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 125 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — 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: 1.17% ✓
• Cap rate: 8.47%
• Cash-on-cash: 7.76%
• DSCR: 1.35
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $190,670
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
514 W Genesee St	0.19mi	3/1.5 (-1)	1,757 (+6%)	1mo	$212,500	$121	73
705 Princeton Ave	0.37mi	4/3.0	1,662 (+0%)	4mo	$115,000	$69	71
423 N Pine St	0.11mi	3/2.0 (-1)	1,767 (+7%)	5mo	$215,000	$122	71
820 Princeton Ave	0.49mi	4/1.5	1,692 (+2%)	4mo	$129,900	$77	68
1319 W Michigan Ave	0.54mi	4/2.0	1,627 (-2%)	4mo	$172,000	$106	65
738 W Lapeer St	0.24mi	3/1.5 (-1)	1,479 (-11%)	2mo	$158,000	$107	62
425 N Jenison Ave	0.58mi	3/1.5 (-1)	1,691 (+2%)	3mo	$195,000	$115	60
1610 Inverness Ave	0.65mi	3/1.5 (-1)	1,660 (+0%)	3mo	$230,000	$139	60
921 N Sycamore St	0.51mi	3/1.0 (-1)	1,460 (-12%)	3mo	$99,900	$68	49
511 N Jenison Ave	0.59mi	3/2.5 (-1)	1,786 (+8%)	0mo	$269,900	$151	48
314 Memphis St	0.68mi	4/2.5	1,784 (+8%)	5mo	$190,000	$107	45
1613 Drexel Rd	0.66mi	3/2.5 (-1)	1,428 (-14%)	1mo	$215,000	$151	34

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

Projected returns pro-forma

9.36% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.7%
• Equity multiple: 3.20×
• Total profit: $77,026
• Equity at exit: $106,709

10-year hold

• IRR: 25.2%
• Equity multiple: 7.13×
• Total profit: $214,365
• Equity at exit: $224,207

Cash invested: $34,972 (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 48933

• Home prices YoY: 4.1%
• Active inventory: 13
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,457 high
• Mortgage (P&I): −$655
• Tax from tax record: −$218 /mo · $2,615/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $226

Break-even live

Break-even rent $1,171

Max offer price $124,900

Occupancy floor 79%

Sensitivity live

Price	-10% $297	-5% $262	+0% $226	+5% $191	+10% $155
Rent	-10% $111	-5% $169	+0% $226	+5% $284	+10% $341
Rate	-1.0pp $289	-0.5pp $258	base $226	+0.5pp $194	+1.0pp $161

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
712 N Sycamore St Lansing, MI	3.0	1.0	1100	$1,650	$1.50	22d	1	0.31mi
433 Seymour Ave Unit 3 Lansing, MI	3.0	1.0	1250	$1,395	$1.12	45d	1	0.33mi
919 Princeton Ave Lansing, MI	3.0	1.5	1119	$1,475	$1.32	22d	1	0.54mi
401 S Washington Sq Unit 201 Lansing, MI	3.0	1.0	1254	$1,560	$1.24	45d	1	0.72mi
605 S Grand Ave Unit 2 Lansing, MI	4.0	1.0	1200	$1,100	$0.92	45d	1	0.91mi
1012 Ontario St Lansing, MI	4.0	2.0	1320	$1,600	$1.21	22d	1	0.94mi
921 Linden Grove Ave Lansing, MI	3.0	1.0	1694	$1,499	$0.88	45d	1	1.21mi

Listing history 24 events

1. 2026-05-14
   status Pending 2044-char remark

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

2. 2026-05-14
   status Pending

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

3. 2026-04-20
   historical Active Under Contract 2044-char remark

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

4. 2026-04-20
   historical Active Under Contract

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

5. 2026-03-31
   price $124,900 2044-char remark

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

6. 2026-03-31
   price $124,900

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

7. 2026-01-09
   listed $129,900 Active 2044-char remark

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

8. 2026-01-09
   listed $129,900 Active

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

9. 2026-01-09
   historical

   Show marketing remark (2044 chars)

   Welcome Home to 325 N Sycamore - Where Character Meets Convenience Step into timeless charm in the heart of Lansing's historic Genesee neighborhood. This beautifully crafted 4-bedroom, 2-bath home, with a flexible den that can easily serve as a fourth bedroom, offers more than just a place to live. It's a space to thrive, dream, and create lasting memories. From the moment you arrive, you'll be drawn in by the inviting covered front porch, perfect for slow mornings with coffee or relaxing evenings with friends. Inside, rich original hardwood floors and elegant vintage moldings tell a story of craftsmanship and care, while spacious living and dining areas create a natural flow for entertaining and everyday life. The sunlit kitchen is both functional and full of potential, with ample. .. cabinetry and a charming breakfast nook to start your day right. Just off kitchen is a large mud room with full bath and adjoining laundry room that leads to the backyard. Need extra flexibility? The first-floor den provides the perfect space for a home office, guest room, or fourth bedroom, offering options that fit your lifestyle. Upstairs, you'll find three generously sized bedrooms, each filled with warmth, character, and natural light. the 2nd full bath is central to bedrooms within hallway at top of stairs. Step outside to a fenced backyard oasis, ready for gardening, grilling, or gathering under the stars. With off-street parking and alley access, coming home is always easy. Newer Furnace, AC and Water Heater. Updated vinyl replacement windows throughout and wrapped on exterior, plus 1 car detached garage. Located just minutes from downtown Lansing, Michigan State University, local shops, restaurants, and parks, this home blends quiet neighborhood living with unbeatable accessibility. Whether you're a first-time buyer, growing family, or investor looking for value in a thriving area, 325 N Sycamore is full of promise and possibility. Priced 30k below comps to allow for buyer to complete items desired and maintain equity.

10. 2025-11-18
    status Active
11. 2025-11-11
    historical Active Under Contract
12. 2025-10-10
    listed $149,900 Active
13. 2025-10-03
    historical
14. 2025-10-03
    historical
15. 2025-08-26
    price $149,000
16. 2025-08-26
    price $149,000
17. 2025-07-29
    price $159,900
18. 2025-07-29
    price $159,900
19. 2025-07-03
    listed $169,900 Active
20. 2025-07-03
    listed $169,900 Active
21. 2007-02-28
    historical
22. 2006-10-04
    listed $106,900
23. 2006-09-30
    historical
24. 2005-12-30
    listed $106,900

ⓘ 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: $2,615 · $218/mo
• Projected year-2 tax: $2,615 · $218/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 ≥97°F today · 16 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: $17,485
• − Mortgage interest: −$6,996
• − Property taxes: −$2,615
• − Insurance: −$624
• − Repairs & maintenance: −$1,399
• − Management: −$1,399
• − Depreciation: −$3,633
• Taxable income: $818
• Est. tax owed @ 24.0%: −$196
• After-tax cash flow: $2,518/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): 3,107
• Household income: $33,589
• Rent vs Own: 94.3% rent · 5.7% own
• Severe rent burden: 413.0

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 0.66)
• Race & ethnicity: White 48% Black 33% Two or more races 10% Hispanic / Latino 7% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Ukrainian 12% Romanian 8% Slovak 2%
• Foreign-born: 16% · Canada, South Korea
• Languages at home: 80% English-only · Spanish 3% Arabic 2% Other Asian/Pacific 2%

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: ▲ 9.36%
• Current HPI: 237.0666
• Rent YoY: —
• 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

+16.8% since first listed

24 events — show timeline

• 2026-05-14 Pending — REALCOMP
• 2026-05-14 Pending — Greater Lansing AoR
• 2026-04-20 Contingent — REALCOMP
• 2026-04-20 Contingent — Greater Lansing AoR
• 2026-03-31 Price Changed $124,900 REALCOMP
• 2026-03-31 Price Changed $124,900 Greater Lansing AoR
• 2026-01-09 Listed $129,900 REALCOMP
• 2026-01-09 Listing Removed — REALCOMP
• 2026-01-09 Listed $129,900 Greater Lansing AoR
• 2025-11-18 Relisted — REALCOMP
• 2025-11-11 Contingent — REALCOMP
• 2025-10-10 Listed $149,900 REALCOMP
• 2025-10-03 Listing Removed — Greater Lansing AoR
• 2025-10-03 Listing Removed — REALCOMP
• 2025-08-26 Price Changed $149,000 REALCOMP
• 2025-08-26 Price Changed $149,000 Greater Lansing AoR
• 2025-07-29 Price Changed $159,900 REALCOMP
• 2025-07-29 Price Changed $159,900 Greater Lansing AoR
• 2025-07-03 Listed $169,900 REALCOMP
• 2025-07-03 Listed $169,900 Greater Lansing AoR
• 2007-02-28 Listing Removed — Greater Lansing AoR
• 2006-10-04 Listed $106,900 Greater Lansing AoR
• 2006-09-30 Listing Removed — Greater Lansing AoR
• 2005-12-30 Listed $106,900 Greater Lansing AoR

Property tax history

+3.9%/yr

Latest (2025): $2,615 · +3.0% YoY. Source: county tax records.