213 N Gorham StJacksonMI49202
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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
Rental property for sale in Jackson at 213 N Gorham St, Jackson, MI, 49202 priced at $170,000 converts $1,358/mo rent into $237/mo cash flow after a $832/mo obligation. Total monthly income equals $1,358/mo, and annual cash flow totals $2,844/yr on $56,355 invested. Return on cash invested prints 24.96% in year one, and rental yield reads 9.59% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 130.44% and total cumulative return in cash sums $73,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,358/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices