169 Michaels Drive,Hollister,MO,65672

Investment Highlights

Investment property for sale in Hollister at 169 Michaels Drive, Hollister, MO, 65672 uses $119,307 cash to close to unlock $3,038/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $2,495/mo, and a $1,762/mo payment keeps the spread at $253/mo. Purchase price stands at $359,900, and rental yield measures 8.32% with $2,495/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 116.58% and total cumulative return in cash records $139,082. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,495/mo property income covering a $1,762/mo payment rather than investor’s personal income.