448 E Chicago StJonesvilleMI49250
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow448 E Chicago St, Jonesville, MI, 49250 in Jonesville earns its strong cash-flow label: 15.26% yield, $2,034/mo rent, $980/mo net income, DSCR 2.83. The $159,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $44,177 by year five. Combined with $1,473/yr in principal paydown, total projected return reaches $123,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.3% | 6.0% |
| Monthly Cash Flow | $980 | $250 |
City averages based on Jonesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 2.05x |
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 1920
7,405 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
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 1920
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices