2718 Page AveJacksonMI49203
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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 2718 Page Ave, Jackson, MI, 49203 priced at $160,000 converts $1,410/mo rent into $355/mo cash flow after a $783/mo obligation. Total monthly income equals $1,410/mo, and annual cash flow totals $4,260/yr on $53,040 invested. Return on cash invested prints 27.94% in year one, and rental yield reads 10.57% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 146.41% and total cumulative return in cash sums $77,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,410/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49203, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,499 (100%) |
| Owner Occupied HU | 10,959 (66.4%) |
| Renter Occupied HU | 4,458 (27.0%) |
| Vacant Housing Units | 1,082 ( 6.6%) |
| Median Home Value | $174,622 |
| Average Home Value | $219,233 |
Housing Distribution
Address Breakdown
Residential
15,844
Single Family
14,913
Multi-Family
931
Businesses
814
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