2245 Chase Dr #107,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 2245 Chase Dr #107, Howell, MI, 48855 listed at $388,205 pairs $3,229/mo rent with a $1,900/mo payment to leave $669/mo cash flow. Total monthly income runs $3,229/mo, and annual cash flow reaches $8,029/yr on $128,690 cash to close. Return on cash invested measures 26.15% in year one, and rental yield registers 9.98% at a $388,205 basis. Equity gained on principal adds $2,505/yr, and annual property appreciation at 5% supports $107,254 by year five. Five-year ROI tracks 136.86% and total cumulative return in cash totals $176,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,229/mo property income relative to a $1,900/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).