59229 Cary Ln #333,New Haven,MI,48048

Investment Highlights

Investment property for sale in New Haven at 59229 Cary Ln #333, New Haven, MI, 48048 offers a 9.3% rental yield on a $120,900 purchase with $937/mo rent. Total monthly income registers $937/mo, and a $592/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,674/yr on $40,078 to close, and return on cash invested stands at 24.08% in year one. Equity gained on principal adds $780/yr while 5% annual appreciation supports $33,402 over five years. Portfolio math shows five-year ROI at 125.85% and total cumulative return in cash at $50,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $937/mo property income against a $592/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.