1024 Hill PlJacksonMI49202
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Jackson at 1024 Hill Pl, Jackson, MI, 49202 with 5% annual appreciation on a $174,900 basis while $2,284/mo rent supports operations. Total monthly income totals $2,284/mo and a $856/mo payment preserves $1,131/mo for cash returns. Annual cash flow comes to $13,568/yr on $57,979 deployed, and return on cash invested reaches 43.31% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 15.67%. Five-year ROI measures 228.89% and total cumulative return in cash totals $132,708.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,284/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: William L Heinze • Keller Williams Realty Lansing-East
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #284704
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS