317 E Argyle St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 317 E Argyle St, Jackson, MI, 49202 priced at $119,900 converts $1,387/mo rent into $596/mo cash flow after a $587/mo obligation. Total monthly income equals $1,387/mo, and annual cash flow totals $7,154/yr on $39,747 invested. Return on cash invested prints 37.91% in year one, and rental yield reads 13.88% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 200.05% and total cumulative return in cash sums $79,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,387/mo property income covering a $587/mo payment, not borrower’s personal income.