311 Spring St,Three Rivers,MI,49093

Investment Highlights

Investment property for sale in Three Rivers at 311 Spring St, Three Rivers, MI, 49093 listed at $144,900 pairs $1,116/mo rent with a $709/mo payment to leave $161/mo cash flow. Total monthly income runs $1,116/mo, and annual cash flow reaches $1,928/yr on $48,034 cash to close. Return on cash invested measures 23.92% in year one, and rental yield registers 9.24% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 124.91% and total cumulative return in cash totals $60,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,116/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).