613 Backus St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 613 Backus St, Jackson, MI, 49202 offers $1,192/mo rent that, after a $538/mo payment, leaves $467/mo cash flow. Total monthly income is $1,192/mo, and annual cash flow is $5,604/yr on $36,465 cash. Return on cash invested measures 35.28% in year one, and rental yield stands at 13% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 185.8% and total cumulative return in cash reaches $67,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,192/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.