221 N Durand St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 221 N Durand St, Jackson, MI, 49202 priced at $109,000 converts $1,216/mo rent into $497/mo cash flow after a $534/mo obligation. Total monthly income equals $1,216/mo, and annual cash flow totals $5,960/yr on $36,134 invested. Return on cash invested prints 36.4% in year one, and rental yield reads 13.39% against a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation compiles into $30,115 by year five. Five-year ROI reaches 191.88% and total cumulative return in cash sums $69,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,216/mo property income covering a $534/mo payment, not borrower’s personal income.