185 S Madison Ave,Custer,MI,49405

Investment Highlights

Investment property for sale in Custer at 185 S Madison Ave, Custer, MI, 49405 uses $66,300 cash to close to unlock $7,932/yr annual cash flow and $661/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $979/mo payment keeps the spread at $661/mo. Purchase price stands at $200,000, and rental yield measures 11.88% with $1,980/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 167.51% and total cumulative return in cash records $111,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $979/mo payment rather than investor’s personal income.