820 E Argyle St,Jackson,MI,49202

Investment Highlights

Rental property for sale in Jackson at 820 E Argyle St, Jackson, MI, 49202 priced at $114,900 converts $1,309/mo rent into $552/mo cash flow after a $562/mo obligation. Total monthly income equals $1,309/mo, and annual cash flow totals $6,620/yr on $38,089 invested. Return on cash invested prints 37.29% in year one, and rental yield reads 13.67% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 196.6% and total cumulative return in cash sums $74,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,309/mo property income covering a $562/mo payment, not borrower’s personal income.