408 N Pleasant StJacksonMI49202
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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 408 N Pleasant St, Jackson, MI, 49202 uses $41,404 cash to close to unlock $7,232/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $611/mo payment keeps the spread at $603/mo. Purchase price stands at $124,900, and rental yield measures 13.7% with $1,426/mo rent. Return on cash invested shows 37.38% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 197.07% and total cumulative return in cash records $81,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
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