466 Salem DrJonesvilleMI49250
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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 Jonesville at 466 Salem Dr, Jonesville, MI, 49250 earns $915/mo cash flow from $2,300/mo rent with a $1,028/mo payment. Total monthly income totals $2,300/mo, and annual cash flow totals $10,980/yr on $69,615 capital. ROI tracks 35.68% on current figures, and rental yield reads 13.14% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 187.95% and total cumulative return in cash sums $130,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,300/mo property income instead of your personal income.
Single Family
Built in 1963
0.37 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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Listed by: Becki Jaeger • Coldwell Banker Groves Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022938
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.