1118 Burr StJacksonMI49201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1118 Burr St, Jackson, MI, 49201 uses $54,664 cash to close to unlock $560/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $807/mo payment keeps the spread at $47/mo. Purchase price stands at $164,900, and rental yield measures 8.25% with $1,134/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 108.89% and total cumulative return in cash records $59,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49201, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,134 (100%) |
| Owner Occupied HU | 12,664 (69.8%) |
| Renter Occupied HU | 4,126 (22.8%) |
| Vacant Housing Units | 1,344 ( 7.4%) |
| Median Home Value | $234,870 |
| Average Home Value | $273,866 |
Housing Distribution
Address Breakdown
Residential
17,875
Single Family
17,177
Multi-Family
698
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
