1126 Chapel Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 1126 Chapel Rd, Parma, MI, 49269 uses $99,417 cash to close to unlock $530/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $2,022/mo, and a $1,468/mo payment keeps the spread at $44/mo. Purchase price stands at $299,900, and rental yield measures 8.09% with $2,022/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash records $105,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,022/mo property income covering a $1,468/mo payment rather than investor’s personal income.