661 Sparks St, Jackson, MI, 49202 | $696/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Jackson at 661 Sparks St, Jackson, MI, 49202 offers $1,678/mo rent that, after a $729/mo payment, leaves $696/mo cash flow. Total monthly income is $1,678/mo, and annual cash flow is $8,348/yr on $49,394 cash. Return on cash invested measures 36.81% in year one, and rental yield stands at 13.51% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 194.05% and total cumulative return in cash reaches $95,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,678/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

5,662 sqft lot

$N/A/sqft

No HOA