510 State StEast JordanMI49727
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
Investment Highlights
Investment property for sale in East Jordan at 510 State St, East Jordan, MI, 49727 at $198,400 posts ROI 40.28% with $1,117/mo cash flow from $2,425/mo rent. Total monthly income equals $2,425/mo, and annual cash flow records $13,401/yr on $65,770 to close. Return on cash invested measures 40.28% and rental yield reads 14.67% at the current $198,400. Equity gained on principal adds $1,280/yr, and 5% annual appreciation supports $54,814 by year five. Five-year ROI prints 212.67% and total cumulative return in cash totals $139,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,425/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A