2615 Chapel Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 2615 Chapel Rd, Parma, MI, 49269 earns $484/mo cash flow from $1,539/mo rent with a $783/mo payment. Total monthly income totals $1,539/mo, and annual cash flow totals $5,810/yr on $53,007 capital. ROI tracks 30.87% on current figures, and rental yield reads 11.55% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 162.24% and total cumulative return in cash sums $85,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,539/mo property income instead of your personal income.