727 E 2nd St,Lawton,MI,49065

Investment Highlights

Rental property for sale in Lawton at 727 E 2nd St, Lawton, MI, 49065 priced at $243,900 converts $2,135/mo rent into $526/mo cash flow after a $1,194/mo obligation. Total monthly income equals $2,135/mo, and annual cash flow totals $6,316/yr on $80,853 invested. Return on cash invested prints 27.72% in year one, and rental yield reads 10.5% against a $243,900 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation compiles into $67,385 by year five. Five-year ROI reaches 145.3% and total cumulative return in cash sums $117,483. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,135/mo property income covering a $1,194/mo payment, not borrower’s personal income.