6588 Wells RdJacksonMI49201
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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 6588 Wells Rd, Jackson, MI, 49201 uses $84,499 cash to close to unlock $9,416/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $2,466/mo, and a $1,248/mo payment keeps the spread at $785/mo. Purchase price stands at $254,900, and rental yield measures 11.61% with $2,466/mo rent. Return on cash invested shows 31.05% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 163.14% and total cumulative return in cash records $137,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,466/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.49 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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