247 E Michigan Ave,Three Rivers,MI,49093

Investment Highlights

Investment property for sale in Three Rivers at 247 E Michigan Ave, Three Rivers, MI, 49093 listed at $172,500 pairs $1,904/mo rent with a $844/mo payment to leave $767/mo cash flow. Total monthly income runs $1,904/mo, and annual cash flow reaches $9,201/yr on $57,184 cash to close. Return on cash invested measures 36% in year one, and rental yield registers 13.25% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 189.69% and total cumulative return in cash totals $108,470. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,904/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).