646 Athens Rd,Sherwood,MI,49089

Investment Highlights

Rental property for sale in Sherwood at 646 Athens Rd, Sherwood, MI, 49089 priced at $429,900 converts $2,030/mo rent into after a $2,104/mo obligation. Total monthly income equals $2,030/mo. Return on cash invested prints 13.13% in year one, and rental yield reads 5.67% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 67.06% and total cumulative return in cash sums $95,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,030/mo property income covering a $2,104/mo payment, not borrower’s personal income.