610 Edgewood St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 610 Edgewood St, Jackson, MI, 49202 priced at $149,900 pairs $1,155/mo rent with $166/mo cash flow after a $734/mo payment. Total monthly income equals $1,155/mo, and annual cash flow comes to $1,994/yr on $49,692 invested. Return on cash invested is 23.92% in year one, and rental yield stands at 9.25% 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 124.97% and total cumulative return in cash reaches $62,099. For financing, Ziffy Mortgage’s DSCR program evaluates $1,155/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.