70622 48th Ave,Watervliet,MI,49098

Investment Highlights

Investment property for sale in Watervliet at 70622 48th Ave, Watervliet, MI, 49098 listed at $219,900 pairs $1,690/mo rent with a $1,076/mo payment to leave $240/mo cash flow. Total monthly income runs $1,690/mo, and annual cash flow reaches $2,882/yr on $72,897 cash to close. Return on cash invested measures 23.86% in year one, and rental yield registers 9.22% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 124.62% and total cumulative return in cash totals $90,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,690/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).