503 N Pleasant St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 503 N Pleasant St, Jackson, MI, 49202 priced at $162,900 pairs $1,451/mo rent with $377/mo cash flow after a $797/mo payment. Total monthly income equals $1,451/mo, and annual cash flow comes to $4,525/yr on $54,001 invested. Return on cash invested is 28.29% in year one, and rental yield stands at 10.69% on a $162,900 basis. Equity gained on principal adds $1,051/yr, and 5% annual appreciation accumulates to $45,006 by year five. Five-year ROI measures 148.4% and total cumulative return in cash reaches $80,136. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $797/mo payment instead of your W2s, 1099s, or Tax returns.