738 W Franklin StJacksonMI49201
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 738 W Franklin St, Jackson, MI, 49201 priced at $142,999 converts $1,472/mo rent into $529/mo cash flow after a $700/mo obligation. Total monthly income equals $1,472/mo, and annual cash flow totals $6,347/yr on $47,404 invested. Return on cash invested prints 33.3% in year one, and rental yield reads 12.35% against a $142,999 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation compiles into $39,508 by year five. Five-year ROI reaches 175.18% and total cumulative return in cash sums $83,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,472/mo property income covering a $700/mo payment, not borrower’s personal income.
Single Family
Built in 1920
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices