2519 Wyoming Ave SW,Wyoming,MI,49519

Investment Highlights

Rental property for sale in Wyoming at 2519 Wyoming Ave SW, Wyoming, MI, 49519 priced at $283,000 pairs $2,120/mo rent with $254/mo cash flow after a $1,385/mo payment. Total monthly income equals $2,120/mo, and annual cash flow comes to $3,047/yr on $93,815 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 8.99% on a $283,000 basis. Equity gained on principal adds $1,826/yr, and 5% annual appreciation accumulates to $78,188 by year five. Five-year ROI measures 120.78% and total cumulative return in cash reaches $113,307. For financing, Ziffy Mortgage’s DSCR program evaluates $2,120/mo property income against a $1,385/mo payment instead of your W2s, 1099s, or Tax returns.