218 W Jackson StMendonMI49072
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 218 W Jackson St, Mendon, MI, 49072 in Mendon fits: $179,500, 0% gross yield, and a projected 5% annual appreciation rate adding $49,593 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Mendon market data in our database. Property projections are estimates.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49072, Mendon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 1,064 (78.5%) |
| Renter Occupied HU | 136 (10.0%) |
| Vacant Housing Units | 156 (11.5%) |
| Median Home Value | $215,044 |
| Average Home Value | $237,324 |
Housing Distribution
Address Breakdown
Residential
1,185
Single Family
1,185
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49072, Mendon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 1,064 (78.5%) |
| Renter Occupied HU | 136 (10.0%) |
| Vacant Housing Units | 156 (11.5%) |
| Median Home Value | $215,044 |
| Average Home Value | $237,324 |
Housing Distribution
Address Breakdown
Residential
1,185
Single Family
1,185
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices