2378 E Old State Rd, East Jordan, MI, 49727 | $204/mo Cash Flow

For Sale

Fix & Flip

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in East Jordan at 2378 E Old State Rd, East Jordan, MI, 49727 uses $54,664 cash to close to unlock $2,446/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,321/mo, and a $807/mo payment keeps the spread at $204/mo. Purchase price stands at $164,900, and rental yield measures 9.61% with $1,321/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash records $69,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,321/mo property income covering a $807/mo payment rather than investor’s personal income.

Single Family

Built in N/A

9.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,429 (100%)
Owner Occupied HU	2,638 (59.6%)
Renter Occupied HU	449 (10.1%)
Vacant Housing Units	1,342 (30.3%)
Median Home Value	$244,164
Average Home Value	$346,946