116 S Adams St,Lawton,MI,49065

Investment Highlights

Investment property for sale in Lawton at 116 S Adams St, Lawton, MI, 49065 offers a 9.02% rental yield on a $154,900 purchase with $1,164/mo rent. Total monthly income registers $1,164/mo, and a $758/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,712/yr on $51,349 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 121.3% and total cumulative return in cash at $62,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,164/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.