1315 W Marr Rd,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 1315 W Marr Rd, Howell, MI, 48855 offers a 9.06% rental yield on a $299,900 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,468/mo payment leaves $286/mo available for distribution. Annual cash flow reaches $3,434/yr on $99,417 to close, and return on cash invested stands at 23.36% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 121.93% and total cumulative return in cash at $121,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.