2203 Porter St SW APT 104,Wyoming,MI,49519

Investment Highlights

Investment property for sale in Wyoming at 2203 Porter St SW APT 104, Wyoming, MI, 49519 uses $46,377 cash to close to unlock $2,702/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $685/mo payment keeps the spread at $225/mo. Purchase price stands at $139,900, and rental yield measures 11.99% with $1,398/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.07% and total cumulative return in cash records $63,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $685/mo payment rather than investor’s personal income.