6404 Richalle St,Brighton,MI,48116

Investment Highlights

Investment property for sale in Brighton at 6404 Richalle St, Brighton, MI, 48116 listed at $309,000 pairs $2,140/mo rent with a $1,512/mo payment to leave $103/mo cash flow. Total monthly income runs $2,140/mo, and annual cash flow reaches $1,232/yr on $102,434 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 8.31% at a $309,000 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 109.83% and total cumulative return in cash totals $112,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,140/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).