17193 1st St,Nunica,MI,49448

Investment Highlights

Investment property for sale in Nunica at 17193 1st St, Nunica, MI, 49448 uses $66,300 cash to close to unlock $10,752/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $979/mo payment keeps the spread at $896/mo. Purchase price stands at $200,000, and rental yield measures 13.29% with $2,215/mo rent. Return on cash invested shows 36.13% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 190.35% and total cumulative return in cash records $126,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $979/mo payment rather than investor’s personal income.