1816 Schaffer DrJacksonMI49203
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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
Total monthly income runs $1,454/mo, and a $1,248/mo payment. Purchase price stands at $255,000, and rental yield measures 6.84% with $1,454/mo rent. Return on cash invested shows 16.68% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 86.08% and total cumulative return in cash records $72,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,454/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.43 Acres 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
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