2502 Porter St SW,Wyoming,MI,49519

Investment Highlights

Investment property for sale in Wyoming at 2502 Porter St SW, Wyoming, MI, 49519 listed at $245,000 pairs $2,258/mo rent with a $1,199/mo payment to leave $643/mo cash flow. Total monthly income runs $2,258/mo, and annual cash flow reaches $7,710/yr on $81,218 cash to close. Return on cash invested measures 29.4% in year one, and rental yield registers 11.06% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 154.3% and total cumulative return in cash totals $125,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).