52837 Covecreek Dr,Macomb,MI,48042

Investment Highlights

Investment property for sale in Macomb at 52837 Covecreek Dr, Macomb, MI, 48042 uses $100,246 cash to close to unlock $4,103/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $2,461/mo, and a $1,480/mo payment keeps the spread at $342/mo. Purchase price stands at $302,400, and rental yield measures 9.77% with $2,461/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $83,548 over five years. Five-year ROI reaches 125.86% and total cumulative return in cash records $126,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,461/mo property income covering a $1,480/mo payment rather than investor’s personal income.