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901 E César E. Chávez Ave
C+ Composite 60.8
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 +25.1/30.0
  • DSCR +8.2/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.7/10.0
  • Rent growth +5.0/5.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • Appreciation +0.0/10.0

$135,000

901 E César E. Chávez Ave · Lansing, MI 48906
4 bd · 1.0 ba · 1,498 sqft · SingleFamily public records · 76 Days on market
Built 1915 5,445 sqft lot $90/sqft · 60% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

Key facts

  • Original wood trim
  • Main level bedroom
  • Formal dining room

Tags

ORIGINAL WOOD TRIMHARDWOOD FLOORSPLENTY OF CABINET SPACELARGE LIVING ROOMFORMAL DINING ROOMMAIN LEVEL BEDROOM

Neighborhood map

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

What this means for you Summary

Snapshot

  • This is a 4-bed/1.0-bath single-family listed at $135k.

Deal economics

  • At list price, monthly cash flow is $298 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $127k (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 (+10.5%/yr); 138 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $933 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 + 8.0% rent growth), your $38k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 76 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts 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.
  • Current owner paid $56k; list at $135k implies a 139% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

  1. It's been on market 76 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 1915 — 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
8.94%
Cash-on-cash
9.46%
DSCR
1.42
GRM
7.1

CMA / ARV

ARV (median comp)
$84,411
List price
$135,000
Delta
59.93%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
901 E César E. Chávez Ave 0.00mi 4/1.5 1,498 (0%) 1mo $140,000 $93 97
1415 New York Ave 0.17mi 3/1.0 (-1) 1,455 (-3%) 0mo $106,000 $73 82
1613 Massachusetts Ave 0.37mi 3/2.0 (-1) 1,500 (+0%) 4mo $129,900 $87 70
1141 Farrand St 0.25mi 4/1.5 1,343 (-10%) 4mo $125,000 $93 66
925 May St 0.36mi 3/1.5 (-1) 1,414 (-6%) 2mo $205,000 $145 65
1430 Massachusetts Ave 0.26mi 4/1.0 1,325 (-12%) 6mo $121,000 $91 63
1017 Whyte St 0.44mi 5/2.0 (+1) 1,444 (-4%) 4mo $90,000 $62 61
838 May St 0.38mi 4/2.0 1,378 (-8%) 5mo $112,000 $81 61
1115 Porter St 0.23mi 3/1.5 (-1) 1,296 (-14%) 1mo $66,500 $51 59
430 Pearl St 0.38mi 3/2.5 (-1) 1,608 (+7%) 5mo $90,000 $56 55
1508 Ohio Ave 0.45mi 3/2.0 (-1) 1,320 (-12%) 1mo $156,900 $119 50
113 W Willow St 0.68mi 3/1.0 (-1) 1,287 (-14%) 0mo $85,000 $66 40

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
3.6%
Equity multiple
1.14×
Total profit
$5,468
Equity at exit
$20,129
10-year hold
IRR
17.4%
Equity multiple
2.78×
Total profit
$67,231
Equity at exit
$11,672

Cash invested: $37,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

ZIP-level market 48906

Rents YoY
10.5%
Active inventory
138
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$1,575 high interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$182 /mo · $2,186/yr
Insurance
$56
HOA
$0
Vacancy / Maint / Mgmt
$331
Net cashflow
$298

Break-even live

Break-even rent $1,198
Max offer price $135,000
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
$33,750
Closing costs
$4,050
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1561 Massachusetts Ave Lansing, MI 3.0 2.0 1100 $1,400 $1.27 43d 1 0.32mi
1102 Clark St Lansing, MI 3.0 1.0 1232 $1,550 $1.26 21d 1 0.44mi
921 Linden Grove Ave Lansing, MI 3.0 1.0 1694 $1,499 $0.88 43d 1 0.61mi
1715 Peppertree Ln Lansing, MI 2.0–3.0 1.5 1120 $1,595 $1.42 43d 2 0.97mi
1228 N Fairview Ave Lansing, MI 3.0 2.0 1100 $1,700 $1.55 43d 1 0.98mi
433 Seymour Ave Unit 3 Lansing, MI 3.0 1.0 1250 $1,395 $1.12 43d 1 1.04mi
208 S Bingham St Lansing, MI 4.0 1.0 1020 $1,500 $1.47 13d 1 1.12mi
712 N Sycamore St Lansing, MI 3.0 1.0 1100 $1,650 $1.50 21d 1 1.18mi
414 N Hayford Ave Lansing, MI 3.0 1.0 990 $1,425 $1.44 43d 1 1.30mi
1012 Ontario St Lansing, MI 4.0 2.0 1320 $1,600 $1.21 21d 1 1.35mi
919 Princeton Ave Lansing, MI 3.0 1.5 1119 $1,475 $1.32 21d 1 1.35mi
401 S Washington Sq Unit 201 Lansing, MI 3.0 1.0 1254 $1,560 $1.24 43d 1 1.40mi

Listing history 13 events

  1. 2026-05-15
    status Active 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  2. 2026-05-15
    status Active 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  3. 2026-05-13
    historical Active Under Contract 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  4. 2026-05-13
    historical Active Under Contract 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  5. 2026-05-08
    status Pending 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  6. 2026-05-08
    status Pending 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  7. 2026-03-26
    historical Active Under Contract 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  8. 2026-03-26
    historical Active Under Contract 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  9. 2026-03-19
    price $135,000 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  10. 2026-03-19
    price $135,000 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  11. 2026-03-06
    listed $139,500 Active 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  12. 2026-03-06
    listed $139,500 Active 1192-char remark
    Show marketing remark (1192 chars)

    Welcome home to this CHARMING and spacious 4 bedroom, 1.5 bath home on Lansing's north side, just minutes from all that Old Town Lansing has to offer! From the moment you walk in, you'll fall in love with the stunning original wood trim and beautiful hardwood floors that give this home so much character and timeless charm. The kitchen offers plenty of cabinet space and functionality, while the large living room provides room to spread out and entertain. The formal dining room is beautiful surrounded by the original trim and built-ins. There is also a main level bedroom and full bathroom. Upstairs you'll find three additional bedrooms with brand new carpet, plus a huge attic space that offers incredible storage or potential for future finished living space. The clean basement provides even more storage options. Enjoy relaxing evenings on the beautiful covered front porch, overlooking the spacious yard. The backyard backs up to an empty lot for added privacy and includes a 1-car detached garage. With its charm, space, and unbeatable location close to shops, restaurants, and entertainment in Old Town, this home offers incredible value. Call today to schedule your private tour!

  13. 2001-10-18
    soldstatus $56,500

ⓘ 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
$2,186 · $182/mo
Projected year-2 tax
$2,186 · $182/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 3/10 Moderate 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,903
− Mortgage interest
−$7,562
− Property taxes
−$2,186
− Insurance
−$675
− Repairs & maintenance
−$1,512
− Management
−$1,512
− Depreciation
−$3,927
Taxable income
$1,529
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$367
After-tax cash flow
$3,210/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)
25,901
Household income
$64,315
Rent vs Own
30.7% rent · 69.3% own
Severe rent burden
851.0

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 0.56)
Race & ethnicity
White 64% Black 15% Two or more races 12% Hispanic / Latino 12% Asian 2%
Hispanic origin (detail)
Mexican 9%
Common ancestry
Romanian 3% Lithuanian 2% Iranian 2%
Foreign-born
6% · Canada, China
Languages at home
88% English-only · Spanish 5% Other Asian/Pacific 1% French/Haitian/Cajun 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
▼ -135.54%
Current HPI
228.7023
Rent YoY
▲ 10.50%
Metro
Lansing-East Lansing, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+138.9% since first listed
13 events — show timeline
  • 2026-05-15 Relisted REALCOMP
  • 2026-05-15 Relisted Greater Lansing AoR
  • 2026-05-13 Contingent REALCOMP
  • 2026-05-13 Contingent Greater Lansing AoR
  • 2026-05-08 Pending REALCOMP
  • 2026-05-08 Pending Greater Lansing AoR
  • 2026-03-26 Contingent REALCOMP
  • 2026-03-26 Contingent Greater Lansing AoR
  • 2026-03-19 Price Changed $135,000 REALCOMP
  • 2026-03-19 Price Changed $135,000 Greater Lansing AoR
  • 2026-03-06 Listed $139,500 Greater Lansing AoR
  • 2026-03-06 Listed $139,500 REALCOMP
  • 2001-10-18 Sold (Public Records) $56,500 Public Records

Property tax history

+4.0%/yr

Latest (2025): $2,186 · +3.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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