309 N Park AveJacksonMI49201
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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
Investment property for sale in Jackson at 309 N Park Ave, Jackson, MI, 49201 uses $38,123 cash to close to unlock $8,322/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $1,452/mo, and a $563/mo payment keeps the spread at $694/mo. Purchase price stands at $115,000, and rental yield measures 15.15% with $1,452/mo rent. Return on cash invested shows 41.74% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 220.49% and total cumulative return in cash records $84,057. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1890
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49201, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,134 (100%) |
| Owner Occupied HU | 12,664 (69.8%) |
| Renter Occupied HU | 4,126 (22.8%) |
| Vacant Housing Units | 1,344 ( 7.4%) |
| Median Home Value | $234,870 |
| Average Home Value | $273,866 |
Housing Distribution
Address Breakdown
Residential
17,875
Single Family
17,177
Multi-Family
698
Businesses
984
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