12850 W Michigan Ave,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 12850 W Michigan Ave, Parma, MI, 49269 offers a 13.63% rental yield on a $279,900 purchase with $3,179/mo rent. Total monthly income registers $3,179/mo, and a $1,370/mo payment leaves $1,333/mo available for distribution. Annual cash flow reaches $15,998/yr on $92,787 to close, and return on cash invested stands at 37.15% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 195.87% and total cumulative return in cash at $181,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,179/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.