6031 E Michigan AveJacksonMI49201
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 6031 E Michigan Ave, Jackson, MI, 49201 priced at $149,900 pairs $1,758/mo rent with $769/mo cash flow after a $734/mo payment. Total monthly income equals $1,758/mo, and annual cash flow comes to $9,230/yr on $49,692 invested. Return on cash invested is 38.48% in year one, and rental yield stands at 14.07% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 203.06% and total cumulative return in cash reaches $100,907. For financing, Ziffy Mortgage’s DSCR program evaluates $1,758/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
3.50 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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