15450 Chapel Hill StJonesMI49061
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 Jones at 15450 Chapel Hill St, Jones, MI, 49061 offers a 10.72% rental yield on a $399,900 purchase with $3,571/mo rent. Total monthly income registers $3,571/mo, and a $1,957/mo payment leaves $934/mo available for distribution. Annual cash flow reaches $11,210/yr on $132,567 to close, and return on cash invested stands at 28.37% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 148.74% and total cumulative return in cash at $197,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,571/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49061, Jones, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 871 (100%) |
| Owner Occupied HU | 600 (68.9%) |
| Renter Occupied HU | 91 (10.4%) |
| Vacant Housing Units | 180 (20.7%) |
| Median Home Value | $247,222 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
28
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