5971 Flamingo DrJacksonMI49201
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
Rental property for sale in Jackson at 5971 Flamingo Dr, Jackson, MI, 49201 priced at $260,000 pairs $1,498/mo rent with after a $1,273/mo payment. Total monthly income equals $1,498/mo. Return on cash invested is 16.89% in year one, and rental yield stands at 6.91% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 87.16% and total cumulative return in cash reaches $75,125. For financing, Ziffy Mortgage’s DSCR program evaluates $1,498/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.37 Acres 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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