6654 Fisher Woods Rd,Indian River,MI,49749

Investment Highlights

Rental property for sale in Indian River at 6654 Fisher Woods Rd, Indian River, MI, 49749 priced at $169,900 pairs $2,585/mo rent with $1,464/mo cash flow after a $832/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $17,570/yr on $56,322 invested. Return on cash invested is 51.1% in year one, and rental yield stands at 18.26% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 270.72% and total cumulative return in cash reaches $152,474. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.