362 Hillside AveJacksonMI49203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 362 Hillside Ave, Jackson, MI, 49203 in Jackson: $1,780/mo in rent, $675/mo net, 12.75% gross yield, all on a $167,475 acquisition. The 2.36 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,270 in value, and $1,542/yr in principal paydown steadily builds equity. Projected total cumulative return: $107,326.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 7.2% |
| Monthly Cash Flow | $675 | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,780 |
| Total Monthly Debt Service | $1,038 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
6,098 sqft 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
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
Single Family
Built in 1960
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
