15940 Morningside,Northville,MI,48168

Investment Highlights

Investment property for sale in Northville at 15940 Morningside, Northville, MI, 48168 listed at $265,000 pairs $2,546/mo rent with a $1,297/mo payment to leave $799/mo cash flow. Total monthly income runs $2,546/mo, and annual cash flow reaches $9,582/yr on $87,848 cash to close. Return on cash invested measures 30.82% in year one, and rental yield registers 11.53% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 161.89% and total cumulative return in cash totals $142,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,546/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).