12441 Town Rd,Springport,MI,49269

Investment Highlights

Investment property for sale in Springport at 12441 Town Rd, Springport, MI, 49269 uses $91,163 cash to close to unlock $1,014/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $1,346/mo payment keeps the spread at $85/mo. Purchase price stands at $275,000, and rental yield measures 8.28% with $1,898/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 109.35% and total cumulative return in cash records $99,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $1,346/mo payment rather than investor’s personal income.