113 Edgewood 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
Rental property for sale in Jackson at 113 Edgewood St, Jackson, MI, 49201 priced at $114,900 pairs $1,166/mo rent with $409/mo cash flow after a $562/mo payment. Total monthly income equals $1,166/mo, and annual cash flow comes to $4,904/yr on $38,089 invested. Return on cash invested is 32.78% in year one, and rental yield stands at 12.18% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 172.46% and total cumulative return in cash reaches $65,690. For financing, Ziffy Mortgage’s DSCR program evaluates $1,166/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
3,920 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
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