246 Jefferson 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 246 Jefferson St, Jackson, MI, 49202 priced at $124,999 pairs $1,427/mo rent with $603/mo cash flow after a $612/mo payment. Total monthly income equals $1,427/mo, and annual cash flow comes to $7,230/yr on $41,437 invested. Return on cash invested is 37.36% in year one, and rental yield stands at 13.7% on a $124,999 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 197.02% and total cumulative return in cash reaches $81,641. For financing, Ziffy Mortgage’s DSCR program evaluates $1,427/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.54 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Juanita Sanders • RE/MAX Real Estate Pros Dewitt
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #283160
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS