2474 Chesapeake Dr,Adrian,MI,49221

Investment Highlights

Investment property for sale in Adrian at 2474 Chesapeake Dr, Adrian, MI, 49221 uses $81,184 cash to close to unlock $4,352/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,978/mo, and a $1,199/mo payment keeps the spread at $363/mo. Purchase price stands at $244,900, and rental yield measures 9.69% with $1,978/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 132.13% and total cumulative return in cash records $107,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,978/mo property income covering a $1,199/mo payment rather than investor’s personal income.