619 N State St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 619 N State St, Jackson, MI, 49202 priced at $127,000 converts $1,233/mo rent into $395/mo cash flow after a $622/mo obligation. Total monthly income equals $1,233/mo, and annual cash flow totals $4,741/yr on $42,101 invested. Return on cash invested prints 31.17% in year one, and rental yield reads 11.65% against a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,088 by year five. Five-year ROI reaches 163.89% and total cumulative return in cash sums $68,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,233/mo property income covering a $622/mo payment, not borrower’s personal income.