669 N Riverside Ave APT 4,Saint Clair,MI,48079

Investment Highlights

Investment property for sale in Saint Clair at 669 N Riverside Ave APT 4, Saint Clair, MI, 48079 listed at $329,900 pairs $2,068/mo rent with a $1,615/mo payment. Total monthly income runs $2,068/mo. Return on cash invested measures 18.73% in year one, and rental yield registers 7.52% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 97.06% and total cumulative return in cash totals $106,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,068/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).