1224 S 15th St,Saint Clair,MI,48079

Investment Highlights

Investment property for sale in Saint Clair at 1224 S 15th St, Saint Clair, MI, 48079 listed at $229,900 pairs $2,251/mo rent with a $1,125/mo payment to leave $735/mo cash flow. Total monthly income runs $2,251/mo, and annual cash flow reaches $8,822/yr on $76,212 cash to close. Return on cash invested measures 31.48% in year one, and rental yield registers 11.75% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 165.5% and total cumulative return in cash totals $126,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,251/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).