3749 Wellman Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 3749 Wellman Rd, Parma, MI, 49269 listed at $138,000 pairs $1,489/mo rent with a $675/mo payment to leave $579/mo cash flow. Total monthly income runs $1,489/mo, and annual cash flow reaches $6,953/yr on $45,747 cash to close. Return on cash invested measures 35.11% in year one, and rental yield registers 12.95% at a $138,000 basis. Equity gained on principal adds $890/yr, and annual property appreciation at 5% supports $38,127 by year five. Five-year ROI tracks 184.94% and total cumulative return in cash totals $84,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,489/mo property income relative to a $675/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).