2478 Katie Ln,Parma,MI,49269

Investment Highlights

Rental property for sale in Parma at 2478 Katie Ln, Parma, MI, 49269 generates $3,614/mo in rent and, after a $1,664/mo payment, leaves $1,372/mo in cash flow. Total monthly income is $3,614/mo, and annual cash flow is $16,466/yr on $112,677 invested. Return on cash invested sits at 34.52% in year one, and rental yield is 12.76% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 181.76% and total cumulative return in cash sums $204,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,614/mo property income rather than buyer’s personal income.