603 7th Street
About This Property
Welcome to 603 7th St, Jackson, MI - 3-bedroom, 2-bath home full of potential and ready for its next chapter. This home offers a solid foundation in a convenient location just minutes from downtown Jackson.
Inside, you'll find a spacious layout with plenty of natural light. The home is in good condition and fully livable as-is, with room for updates if you wish to add your personal touch. The large yard provides ample space for outdoor activities, gardening, or entertaining, and the street is quiet with friendly neighbors all around.
Don't miss your chance to own a great home in a desirable area. Schedule your showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017