183 N Charles St,Adrian,MI,49221

Investment Highlights

Rental property for sale in Adrian at 183 N Charles St, Adrian, MI, 49221 generates $2,057/mo in rent and, after a $808/mo payment, leaves $969/mo in cash flow. Total monthly income is $2,057/mo, and annual cash flow is $11,622/yr on $54,698 invested. Return on cash invested sits at 41.16% in year one, and rental yield is 14.96% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 217.37% and total cumulative return in cash sums $118,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,057/mo property income rather than buyer’s personal income.