33200 Sumac Ct #342,New Haven,MI,48048

Investment Highlights

Investment property for sale in New Haven at 33200 Sumac Ct #342, New Haven, MI, 48048 offers a 9.49% rental yield on a $103,900 purchase with $822/mo rent. Total monthly income registers $822/mo, and a $509/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,636/yr on $34,443 to close, and return on cash invested stands at 24.66% in year one. Equity gained on principal adds $670/yr while 5% annual appreciation supports $28,706 over five years. Portfolio math shows five-year ROI at 128.96% and total cumulative return in cash at $44,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $822/mo property income against a $509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.