118 Carson RdEast JordanMI49727








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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 East Jordan at 118 Carson Rd, East Jordan, MI, 49727 with 5% annual appreciation on a $135,000 basis while $1,065/mo rent supports operations. Total monthly income totals $1,065/mo and a $661/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,094/yr on $44,753 deployed, and return on cash invested reaches 24.59% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.47%. Five-year ROI measures 128.52% and total cumulative return in cash totals $57,517.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,065/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: Steve Parafin • Berkshire Hathaway HomeServices Michigan Real Estate
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #477995







