453 Riverside Ave,Adrian,MI,49221

Investment Highlights

Rental property for sale in Adrian at 453 Riverside Ave, Adrian, MI, 49221 priced at $144,900 converts $1,111/mo rent into $156/mo cash flow after a $709/mo obligation. Total monthly income equals $1,111/mo, and annual cash flow totals $1,868/yr on $48,034 invested. Return on cash invested prints 23.8% in year one, and rental yield reads 9.2% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 124.26% and total cumulative return in cash sums $59,689. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,111/mo property income covering a $709/mo payment, not borrower’s personal income.