2932 Bogue Creek Dr,Howell,MI,48855

Investment Highlights

Rental property for sale in Howell at 2932 Bogue Creek Dr, Howell, MI, 48855 generates $3,488/mo in rent and, after a $1,806/mo payment, leaves $1,055/mo in cash flow. Total monthly income is $3,488/mo, and annual cash flow is $12,656/yr on $122,324 invested. Return on cash invested sits at 30.26% in year one, and rental yield is 11.34% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 158.86% and total cumulative return in cash sums $194,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,488/mo property income rather than buyer’s personal income.