13505 Leonard St,Nunica,MI,49448

Investment Highlights

Investment property for sale in Nunica at 13505 Leonard St, Nunica, MI, 49448 offers a 14.25% rental yield on a $189,900 purchase with $2,255/mo rent. Total monthly income registers $2,255/mo, and a $929/mo payment leaves $1,003/mo available for distribution. Annual cash flow reaches $12,038/yr on $62,952 to close, and return on cash invested stands at 39.03% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 205.99% and total cumulative return in cash at $129,677. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,255/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.