7530 W Park Rd,New Era,MI,49446

Investment Highlights

Investment property for sale in New Era at 7530 W Park Rd, New Era, MI, 49446 uses $99,119 cash to close to unlock $7,736/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $2,616/mo, and a $1,463/mo payment keeps the spread at $645/mo. Purchase price stands at $299,000, and rental yield measures 10.5% with $2,616/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 145.23% and total cumulative return in cash records $143,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,616/mo property income covering a $1,463/mo payment rather than investor’s personal income.