46835 Ridgepointe Dr,Macomb,MI,48042

Investment Highlights

Rental property for sale in Macomb at 46835 Ridgepointe Dr, Macomb, MI, 48042 generates $2,406/mo in rent and, after a $1,713/mo payment, leaves $98/mo in cash flow. Total monthly income is $2,406/mo, and annual cash flow is $1,178/yr on $115,992 invested. Return on cash invested sits at 20.92% in year one, and rental yield is 8.25% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 108.85% and total cumulative return in cash sums $126,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,406/mo property income rather than buyer’s personal income.