808 Foote StJacksonMI49202
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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
Investment property for sale in Jackson at 808 Foote St, Jackson, MI, 49202 listed at $115,000 pairs $2,944/mo rent with a $563/mo payment to leave $2,186/mo cash flow. Total monthly income runs $2,944/mo, and annual cash flow reaches $26,226/yr on $38,123 cash to close. Return on cash invested measures 88.7% in year one, and rental yield registers 30.72% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 472.34% and total cumulative return in cash totals $180,069. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,944/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Matthew Bunn • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282988
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS