13033 Nineteen Mile Rd #58,Gowen,MI,49326

Investment Highlights

Investment property for sale in Gowen at 13033 Nineteen Mile Rd #58, Gowen, MI, 49326 uses $45,747 cash to close to unlock $2,057/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,081/mo, and a $675/mo payment keeps the spread at $171/mo. Purchase price stands at $138,000, and rental yield measures 9.4% with $1,081/mo rent. Return on cash invested shows 24.41% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 127.55% and total cumulative return in cash records $58,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,081/mo property income covering a $675/mo payment rather than investor’s personal income.