3785 W M20,New Era,MI,49446

Investment Highlights

Rental property for sale in New Era at 3785 W M20, New Era, MI, 49446 generates $960/mo in rent and, after a $540/mo payment, leaves $233/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $2,791/yr on $36,548 invested. Return on cash invested sits at 27.55% in year one, and rental yield is 10.45% on a $110,250 entry. Equity gained on principal adds $711/yr, while 5% annual appreciation builds toward $30,460 over five years. Five-year ROI reaches 144.39% and total cumulative return in cash sums $52,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.