1792 Tooley Rd,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 1792 Tooley Rd, Howell, MI, 48855 offers a 10.54% rental yield on a $599,000 purchase with $5,262/mo rent. Total monthly income registers $5,262/mo, and a $2,932/mo payment leaves $1,312/mo available for distribution. Annual cash flow reaches $15,740/yr on $197,071 to close, and return on cash invested stands at 28.05% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 146.99% and total cumulative return in cash at $289,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,262/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.