2135 Oak Grove Rd,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 2135 Oak Grove Rd, Howell, MI, 48855 offers a 9.11% rental yield on a $325,000 purchase with $2,466/mo rent. Total monthly income registers $2,466/mo, and a $1,591/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,870/yr on $107,738 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 122.65% and total cumulative return in cash at $132,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,466/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.