606 E 2nd St, Lawton, MI, 49065 | $728/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Lawton at 606 E 2nd St, Lawton, MI, 49065 offers a 11.71% rental yield on a $230,000 purchase with $2,245/mo rent. Total monthly income registers $2,245/mo, and a $1,126/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,736/yr on $76,245 to close, and return on cash invested stands at 31.37% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 164.81% and total cumulative return in cash at $125,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,245/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1947

0.27 Acres lot

$N/A/sqft

No HOA