311 East StJonesvilleMI49250
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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 Jonesville at 311 East St, Jonesville, MI, 49250 with 5% annual appreciation on a $159,900 basis while $1,227/mo rent supports operations. Total monthly income totals $1,227/mo and a $783/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,066/yr on $53,007 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.21%. Five-year ROI measures 124.34% and total cumulative return in cash totals $65,910.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,227/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49250, Jonesville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,922 (75.3%) |
| Renter Occupied HU | 433 (17.0%) |
| Vacant Housing Units | 198 ( 7.8%) |
| Median Home Value | $174,771 |
| Average Home Value | $201,833 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,262
Multi-Family
174
Businesses
186
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Listed by: Mark Parker • Parker Real Estate LLC
Mls Name: MichRIC
Mls ID: #26003158