1114 Chapel Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 1114 Chapel Rd, Parma, MI, 49269 earns $546/mo cash flow from $1,733/mo rent with a $881/mo payment. Total monthly income totals $1,733/mo, and annual cash flow totals $6,554/yr on $59,637 capital. ROI tracks 30.9% on current figures, and rental yield reads 11.56% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 162.38% and total cumulative return in cash sums $96,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,733/mo property income instead of your personal income.