192 Eastshore DrJeromeMI49249
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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 Jerome at 192 Eastshore Dr, Jerome, MI, 49249 priced at $450,000 pairs $2,569/mo rent with after a $2,203/mo payment. Total monthly income equals $2,569/mo. Return on cash invested is 16.63% in year one, and rental yield stands at 6.85% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 85.83% and total cumulative return in cash reaches $128,034. For financing, Ziffy Mortgage’s DSCR program evaluates $2,569/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.61 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49249, Jerome, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,324 (70.4%) |
| Renter Occupied HU | 144 ( 7.7%) |
| Vacant Housing Units | 414 (22.0%) |
| Median Home Value | $254,545 |
| Average Home Value | $286,856 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
13
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