601 1st StJacksonMI49203
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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 601 1st St, Jackson, MI, 49203 listed at $164,600 pairs $1,869/mo rent with a $806/mo payment to leave $783/mo cash flow. Total monthly income runs $1,869/mo, and annual cash flow reaches $9,398/yr on $54,565 cash to close. Return on cash invested measures 37.13% in year one, and rental yield registers 13.63% at a $164,600 basis. Equity gained on principal adds $1,062/yr, and annual property appreciation at 5% supports $45,476 by year five. Five-year ROI tracks 195.81% and total cumulative return in cash totals $106,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,869/mo property income relative to a $806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1897
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49203, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,499 (100%) |
| Owner Occupied HU | 10,959 (66.4%) |
| Renter Occupied HU | 4,458 (27.0%) |
| Vacant Housing Units | 1,082 ( 6.6%) |
| Median Home Value | $174,622 |
| Average Home Value | $219,233 |
Housing Distribution
Address Breakdown
Residential
15,844
Single Family
14,913
Multi-Family
931
Businesses
814
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