611 Steward AveJacksonMI49202
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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 611 Steward Ave, Jackson, MI, 49202 uses $38,123 cash to close to unlock $1,458/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $880/mo, and a $563/mo payment keeps the spread at $122/mo. Purchase price stands at $115,000, and rental yield measures 9.18% with $880/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 123.98% and total cumulative return in cash records $47,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $880/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1950
3,484 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices