722 W Morrell StJacksonMI49203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jackson at 722 W Morrell St, Jackson, MI, 49203 priced at $187,000 pairs $1,429/mo rent with $196/mo cash flow after a $915/mo payment. Total monthly income equals $1,429/mo, and annual cash flow comes to $2,353/yr on $61,991 invested. Return on cash invested is 23.71% in year one, and rental yield stands at 9.17% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. Five-year ROI measures 123.8% and total cumulative return in cash reaches $76,746. For financing, Ziffy Mortgage’s DSCR program evaluates $1,429/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49203, Jackson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,499 (100%) |
| Owner Occupied HU | 10,959 (66.4%) |
| Renter Occupied HU | 4,458 (27.0%) |
| Vacant Housing Units | 1,082 ( 6.6%) |
| Median Home Value | $174,622 |
| Average Home Value | $219,233 |
Housing Distribution
Address Breakdown
Residential
15,844
Single Family
14,913
Multi-Family
931
Businesses
814
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