9500 Jones Road
About This Property
Located in the extreme SE portion of Barry County and just minutes from the Eaton and Ingham County borders is where you'll find this fantastic 53.45 acre property that has been groomed and managed according to a habitat plan drawn up by well known southern Michigan habitat specialist Jake Ehlinger. Jake is well known throughout the midwest as one of the top habitat specialists there are and his habitat pland have created some great success stories throughout the decades across southern Michigan
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | Listed by Michigan Whitetail Properties | $369,000 | |
| Listed by Michigan Whitetail Properties | |||
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Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25039018
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