4676 E Fruitport Rd,Fruitport,MI,49415

Investment Highlights

Investment property for sale in Fruitport at 4676 E Fruitport Rd, Fruitport, MI, 49415 uses $82,875 cash to close to unlock $3,984/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,981/mo, and a $1,224/mo payment keeps the spread at $332/mo. Purchase price stands at $250,000, and rental yield measures 9.51% with $1,981/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 129.13% and total cumulative return in cash records $107,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,981/mo property income covering a $1,224/mo payment rather than investor’s personal income.