2525 Pickett Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 2525 Pickett Rd, Parma, MI, 49269 uses $107,704 cash to close to unlock $6,608/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,693/mo, and a $1,590/mo payment keeps the spread at $551/mo. Purchase price stands at $324,900, and rental yield measures 9.95% with $2,693/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash records $146,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $1,590/mo payment rather than investor’s personal income.