509 N East AveJacksonMI49201
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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 509 N East Ave, Jackson, MI, 49201 listed at $174,000 pairs $1,509/mo rent with a $852/mo payment to leave $361/mo cash flow. Total monthly income runs $1,509/mo, and annual cash flow reaches $4,334/yr on $57,681 cash to close. Return on cash invested measures 27.42% in year one, and rental yield registers 10.41% at a $174,000 basis. Equity gained on principal adds $1,123/yr, and annual property appreciation at 5% supports $48,073 by year five. Five-year ROI tracks 143.74% and total cumulative return in cash totals $82,913. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,509/mo property income relative to a $852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49201, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,134 (100%) |
| Owner Occupied HU | 12,664 (69.8%) |
| Renter Occupied HU | 4,126 (22.8%) |
| Vacant Housing Units | 1,344 ( 7.4%) |
| Median Home Value | $234,870 |
| Average Home Value | $273,866 |
Housing Distribution
Address Breakdown
Residential
17,875
Single Family
17,177
Multi-Family
698
Businesses
984
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