3716 Homewood Avenue, Lansing, MI 48910

Property Description

UP TO $12,000 IN DOWN PAYMENT ASSISTANCE AVAILABLE! Offered at just $119,900, this beautifully renovated 2-bedroom, 1-bath home has been completely updated from the studs out! Nearly everything is NEW, including the roof, siding, insulation, drywall, plumbing, electrical, furnace, central air conditioning, kitchen, bathroom, and more. A spacious 2-car garage completes this move-in-ready property. Estimated monthly mortgage payment of approximately $1,075, INCLUDING principal, interest, property taxes, and homeowners insurance! Why rent when you could own for less? This property is part of the MSHDA MI Neighborhood affordable housing program and is subject to income restrictions of 60% Area Median Income (AMI). Maximum annual household income limits based on household size are as follows: 1 Person: $42,360 2 People: $49,260 3 People: $55,000 4 People: $60,480 5 People: $65,340 6 People: $70,140 7 People: $75,000 8 People: $79,860 Household income MUST NOT exceed the applicable limit. Buyers must independently qualify for mortgage financing through a lender. This is NOT a rent-to-own or land contract opportunity. Down payment assistance of up to $12,000 is available to eligible buyers, subject to program requirements and approval. Don't miss this opportunity to own a completely renovated home at an affordable price! Schedule your private showing today! Estimated monthly payment is for illustrative purposes only and will vary based on loan terms, interest rate, down payment, taxes, insurance, and any applicable mortgage insurance. Additional homeownership expenses may apply.