807 Mill StEast JordanMI49727
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
Investment property for sale in East Jordan at 807 Mill St, East Jordan, MI, 49727 at $273,000 posts ROI 32.58% with $956/mo cash flow from $2,756/mo rent. Total monthly income equals $2,756/mo, and annual cash flow records $11,471/yr on $90,500 to close. Return on cash invested measures 32.58% and rental yield reads 12.11% at the current $273,000. Equity gained on principal adds $1,762/yr, and 5% annual appreciation supports $75,425 by year five. Five-year ROI prints 171.34% and total cumulative return in cash totals $155,059.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,756/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #473587