11778 Mackie Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 11778 Mackie Rd, Parma, MI, 49269 uses $94,146 cash to close to unlock $1,862/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,390/mo payment keeps the spread at $155/mo. Purchase price stands at $284,000, and rental yield measures 8.57% with $2,028/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash records $107,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,390/mo payment rather than investor’s personal income.