412 S Hayford Avenue, Lansing, MI 48912
Local realty services provided by:ERA Reardon Realty
412 S Hayford Avenue,Lansing, MI 48912
$300,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: morgan meredith, brock fletcher
Office: keller williams realty lansing
MLS#:287209
Source:MI_GLAR
Price summary
- Price:$300,000
About this home
Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all!
Investor: it’s currently in short term rental with current cap rate around 11 (3units renting out, 5yrs data consistently) with all four units rent out cap rate can go up to 14 (or higher to 17, a data point, if you would work for yourself, you may get 100% cash to cash returns, so you can buy another property after a year to building up your conglomerate). You can raise up capital by reducing the minimum night of staying to 1 night (owner required 2 nights minimum of staying), 1 night is too busy, owner doesn’t want it. Homeowner: it can switch to flex plan 3 units. The owner occupied 3 bed, 2 bath (2unit combined by just opening the door) with big attic for storage, and two units for renting out. You are staying for free with 2 units paying for the mortgage and never getting house loss when you would fall in hardship, or you may want to taking care of older and younger in family, or working at home, many possibilities.
If you want to escape 9-5 jobs, it is simple enough jut working for yourself (staying in 1 unit and renting out 3 units) with your own schedule: a couple hours per day or per week, it depends on the length of the staying.
Contact an agent
Home facts
- Year built:1904
- Listing ID #:287209
- Added:223 day(s) ago
- Updated:November 17, 2025 at 04:30 PM
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Heating, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1904
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
New listings near 412 S Hayford Avenue
- New
$92,000Active1 beds 1 baths744 sq. ft.1119 W Miller Road, Lansing, MI 48911
MLS# 292636Listed by: EXIT REALTY HOME PARTNERS - New
$175,900Active4 beds 3 baths1,170 sq. ft.3820 Lowcroft Avenue, Lansing, MI 48910
MLS# 25058248Listed by: REAL ESTATE WAREHOUSE L.L.C. - Open Sat, 11am to 1pmNew
$260,000Active3 beds 2 baths2,336 sq. ft.2015 Forest Road, Lansing, MI 48910
MLS# 201837996Listed by: COLDWELL BANKER SCHMIDT GAYLORD - New
$45,000Active2 beds 1 baths757 sq. ft.751 Westmoreland Avenue, Lansing, MI 48915
MLS# 25058380Listed by: DELONG AND CO. - New
$214,900Active3 beds 3 baths1,296 sq. ft.1431 Academy Lane, Lansing, MI 48906
MLS# 292627Listed by: CENTURY 21 AFFILIATED - New
$249,900Active4 beds 2 baths1,774 sq. ft.513 Kipling Boulevard, Lansing, MI 48912
MLS# 292622Listed by: EXIT REALTY HOME PARTNERS - New
$135,000Active-- beds 2 baths3705 Burchfield Drive, Lansing, MI 48910
MLS# 292619Listed by: RE/MAX REAL ESTATE PROFESSIONALS DEWITT - New
$189,000Active3 beds 2 baths1,352 sq. ft.1233 W Michigan Avenue, Lansing, MI 48915
MLS# 292613Listed by: EXIT GREAT LAKES REALTY - New
$169,900Active4 beds 2 baths1,544 sq. ft.322 W Madison Street, Lansing, MI 48906
MLS# 292616Listed by: RE/MAX REAL ESTATE PROFESSIONALS - New
$209,900Active3 beds 2 baths1,344 sq. ft.3216 Ellen Avenue, Lansing, MI 48910
MLS# 292610Listed by: EXIT REALTY HOME PARTNERS