2629 Meyer Ave SW,Wyoming,MI,49519

Investment Highlights

Investment property for sale in Wyoming at 2629 Meyer Ave SW, Wyoming, MI, 49519 offers a 12.63% rental yield on a $291,500 purchase with $3,068/mo rent. Total monthly income registers $3,068/mo, and a $1,427/mo payment leaves $1,145/mo available for distribution. Annual cash flow reaches $13,745/yr on $96,632 to close, and return on cash invested stands at 34.13% in year one. Equity gained on principal adds $1,881/yr while 5% annual appreciation supports $80,536 over five years. Portfolio math shows five-year ROI at 179.69% and total cumulative return in cash at $173,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,068/mo property income against a $1,427/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.