901 E César E. Chávez 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 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 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 +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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.17% ✓
- 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
- IRR
- 3.6%
- Equity multiple
- 1.14×
- Total profit
- $5,468
- Equity at exit
- $20,129
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-05-15status 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!
-
2026-05-15status 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!
-
2026-05-13historical 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!
-
2026-05-13historical 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!
-
2026-05-08status 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!
-
2026-05-08status 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!
-
2026-03-26historical 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!
-
2026-03-26historical 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!
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2026-03-19price $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!
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2026-03-19price $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!
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2026-03-06$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!
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2026-03-06$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!
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2001-10-18soldstatus $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
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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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+138.9% since first listed13 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%/yrLatest (2025): $2,186 · +3.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…