6299 S 90th Ave,New Era,MI,49446

Investment Highlights

Investment property for sale in New Era at 6299 S 90th Ave, New Era, MI, 49446 uses $112,710 cash to close to unlock $5,436/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $2,695/mo, and a $1,664/mo payment keeps the spread at $453/mo. Purchase price stands at $340,000, and rental yield measures 9.51% with $2,695/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash records $145,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,695/mo property income covering a $1,664/mo payment rather than investor’s personal income.