431 Riverside Dr,Watervliet,MI,49098

Investment Highlights

Investment property for sale in Watervliet at 431 Riverside Dr, Watervliet, MI, 49098 listed at $184,000 pairs $2,296/mo rent with a $901/mo payment to leave $1,082/mo cash flow. Total monthly income runs $2,296/mo, and annual cash flow reaches $12,986/yr on $60,996 cash to close. Return on cash invested measures 41.2% in year one, and rental yield registers 14.97% at a $184,000 basis. Equity gained on principal adds $1,187/yr, and annual property appreciation at 5% supports $50,836 by year five. Five-year ROI tracks 217.63% and total cumulative return in cash totals $132,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,296/mo property income relative to a $901/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).