23236 Clarewood St,Macomb,MI,48042

Investment Highlights

Rental property for sale in Macomb at 23236 Clarewood St, Macomb, MI, 48042 generates $3,020/mo in rent and, after a $1,566/mo payment, leaves $910/mo in cash flow. Total monthly income is $3,020/mo, and annual cash flow is $10,920/yr on $106,080 invested. Return on cash invested sits at 30.2% in year one, and rental yield is 11.33% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash sums $168,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,020/mo property income rather than buyer’s personal income.