721 N Jefferson StLowellMI49331
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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
Rental property for sale in Lowell at 721 N Jefferson St, Lowell, MI, 49331 priced at $287,000 converts $2,214/mo rent into $321/mo cash flow after a $1,405/mo obligation. Total monthly income equals $2,214/mo, and annual cash flow totals $3,853/yr on $95,141 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 9.26% against a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation compiles into $79,293 by year five. Five-year ROI reaches 125.14% and total cumulative return in cash sums $119,062. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,214/mo property income covering a $1,405/mo payment, not borrower’s personal income.
Single Family
Built in 1946
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49331, Lowell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,058 (100%) |
| Owner Occupied HU | 5,833 (82.6%) |
| Renter Occupied HU | 1,025 (14.5%) |
| Vacant Housing Units | 200 ( 2.8%) |
| Median Home Value | $356,764 |
| Average Home Value | $388,759 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,605
Multi-Family
521
Businesses
398
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