7541 E Chicago RdJonesvilleMI49250
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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
Investment property for sale in Jonesville at 7541 E Chicago Rd, Jonesville, MI, 49250 offers a 35.2% rental yield on a $112,500 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $551/mo payment leaves $2,558/mo available for distribution. Annual cash flow reaches $30,693/yr on $37,294 to close, and return on cash invested stands at 102.21% in year one. Equity gained on principal adds $726/yr while 5% annual appreciation supports $31,082 over five years. Portfolio math shows five-year ROI at 544.74% and total cumulative return in cash at $203,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $551/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49250, Jonesville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,922 (75.3%) |
| Renter Occupied HU | 433 (17.0%) |
| Vacant Housing Units | 198 ( 7.8%) |
| Median Home Value | $174,771 |
| Average Home Value | $201,833 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,262
Multi-Family
174
Businesses
186
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Listed by: Steven Koleno • Beycome Brokerage Realty LLC
Mls Name: MichRIC
Mls ID: #25056832