3931 Muma Rd,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 3931 Muma Rd, Parma, MI, 49269 offers a 9.52% rental yield on a $204,900 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $1,003/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,284/yr on $67,924 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 129.34% and total cumulative return in cash at $87,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.