509 Crest LnJonesvilleMI49250
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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 509 Crest Ln, Jonesville, MI, 49250 offers a 8.47% rental yield on a $275,000 purchase with $1,942/mo rent. Total monthly income registers $1,942/mo, and a $1,346/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,542/yr on $91,163 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 112.45% and total cumulative return in cash at $102,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,942/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.36 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: Jihan Franco • Pro Realty
Mls Name: Realcomp II
Mls ID: #20251047081