2809 Farr Rd,Fruitport,MI,49415

Investment Highlights

Investment property for sale in Fruitport at 2809 Farr Rd, Fruitport, MI, 49415 listed at $419,000 pairs $2,774/mo rent with a $2,051/mo payment to leave $11/mo cash flow. Total monthly income runs $2,774/mo, and annual cash flow reaches $128/yr on $138,899 cash to close. Return on cash invested measures 20% in year one, and rental yield registers 7.94% at a $419,000 basis. Equity gained on principal adds $2,704/yr, and annual property appreciation at 5% supports $115,762 by year five. Five-year ROI tracks 103.88% and total cumulative return in cash totals $144,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,774/mo property income relative to a $2,051/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).