602 7th StJacksonMI49203
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 Jackson at 602 7th St, Jackson, MI, 49203 at $130,000 posts ROI 43.97% with $864/mo cash flow from $1,721/mo rent. Total monthly income equals $1,721/mo, and annual cash flow records $10,368/yr on $43,095 to close. Return on cash invested measures 43.97% and rental yield reads 15.89% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 232.38% and total cumulative return in cash totals $100,143.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,721/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,534 sqft 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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Nearby investment properties with comparable prices
Listed by: Rachael Abraham • Max Broock Bloomfield Hills
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50155017
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