138 W Prospect StJacksonMI49203
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 138 W Prospect St, Jackson, MI, 49203 with 5% annual appreciation on a $165,000 basis while $2,142/mo rent supports operations. Total monthly income totals $2,142/mo and a $808/mo payment preserves $1,054/mo for cash returns. Annual cash flow comes to $12,642/yr on $54,698 deployed, and return on cash invested reaches 43.02% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 15.58%. Five-year ROI measures 227.37% and total cumulative return in cash totals $124,367.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,142/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49203, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,499 (100%) |
| Owner Occupied HU | 10,959 (66.4%) |
| Renter Occupied HU | 4,458 (27.0%) |
| Vacant Housing Units | 1,082 ( 6.6%) |
| Median Home Value | $174,622 |
| Average Home Value | $219,233 |
Housing Distribution
Address Breakdown
Residential
15,844
Single Family
14,913
Multi-Family
931
Businesses
814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
