7012 Heights Ravenna Rd,Fruitport,MI,49415

Investment Highlights

Investment property for sale in Fruitport at 7012 Heights Ravenna Rd, Fruitport, MI, 49415 listed at $259,000 pairs $2,567/mo rent with a $1,268/mo payment to leave $859/mo cash flow. Total monthly income runs $2,567/mo, and annual cash flow reaches $10,304/yr on $85,859 cash to close. Return on cash invested measures 31.91% in year one, and rental yield registers 11.89% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 167.75% and total cumulative return in cash totals $144,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,567/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).