29171 62nd Ave,Lawton,MI,49065

Investment Highlights

Investment property for sale in Lawton at 29171 62nd Ave, Lawton, MI, 49065 listed at $339,000 pairs $3,241/mo rent with a $1,659/mo payment to leave $1,006/mo cash flow. Total monthly income runs $3,241/mo, and annual cash flow reaches $12,068/yr on $112,379 cash to close. Return on cash invested measures 30.65% in year one, and rental yield registers 11.47% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 160.96% and total cumulative return in cash totals $180,880. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,241/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).