313 Rice St,Adrian,MI,49221

Investment Highlights

Rental property for sale in Adrian at 313 Rice St, Adrian, MI, 49221 priced at $130,000 converts $1,006/mo rent into $149/mo cash flow after a $636/mo obligation. Total monthly income equals $1,006/mo, and annual cash flow totals $1,788/yr on $43,095 invested. Return on cash invested prints 24.06% in year one, and rental yield reads 9.29% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 125.59% and total cumulative return in cash sums $54,123. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,006/mo property income covering a $636/mo payment, not borrower’s personal income.