502 S Main St,Eaton Rapids,MI,48827

Investment Highlights

Investment property for sale in Eaton Rapids at 502 S Main St, Eaton Rapids, MI, 48827 listed at $380,000 pairs $2,670/mo rent with a $1,860/mo payment to leave $164/mo cash flow. Total monthly income runs $2,670/mo, and annual cash flow reaches $1,968/yr on $125,970 cash to close. Return on cash invested measures 21.47% in year one, and rental yield registers 8.43% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 111.73% and total cumulative return in cash totals $140,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,670/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).