225 2nd St,Munith,MI,49259

Investment Highlights

Rental property for sale in Munith at 225 2nd St, Munith, MI, 49259 priced at $140,000 pairs $1,120/mo rent with $197/mo cash flow after a $685/mo payment. Total monthly income equals $1,120/mo, and annual cash flow comes to $2,364/yr on $46,410 invested. Return on cash invested is 25% in year one, and rental yield stands at 9.6% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 130.68% and total cumulative return in cash reaches $60,646. For financing, Ziffy Mortgage’s DSCR program evaluates $1,120/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.