1412 W Michigan AveJacksonMI49202
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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 1412 W Michigan Ave, Jackson, MI, 49202 priced at $124,900 converts $1,579/mo rent into $756/mo cash flow after a $611/mo obligation. Total monthly income equals $1,579/mo, and annual cash flow totals $9,068/yr on $41,404 invested. Return on cash invested prints 41.81% in year one, and rental yield reads 15.17% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 220.84% and total cumulative return in cash sums $91,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,579/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
