321 North StJonesvilleMI49250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 321 North St, Jonesville, MI, 49250 earns $247/mo cash flow from $1,631/mo rent with a $1,027/mo payment. Total monthly income totals $1,631/mo, and annual cash flow totals $2,966/yr on $69,582 capital. ROI tracks 24.17% on current figures, and rental yield reads 9.32% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 126.29% and total cumulative return in cash sums $87,872. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,631/mo property income instead of your personal income.
Single Family
Built in 1900
0.34 Acres 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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Nearby investment properties with comparable prices
Listed by: Marissa Stelzer Elevate Team • Michigan Top Producers
Mls Name: MichRIC
Mls ID: #25053940