57512 Mill Point Rd,New Haven,MI,48048

Investment Highlights

Rental property for sale in New Haven at 57512 Mill Point Rd, New Haven, MI, 48048 generates $1,027/mo in rent and, after a $660/mo payment, leaves $138/mo in cash flow. Total monthly income is $1,027/mo, and annual cash flow is $1,652/yr on $44,719 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.14% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 123.23% and total cumulative return in cash sums $55,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,027/mo property income rather than buyer’s personal income.