8002 Stonehaven Dr,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 8002 Stonehaven Dr, Parma, MI, 49269 offers a 11.08% rental yield on a $260,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,273/mo payment leaves $680/mo available for distribution. Annual cash flow reaches $8,160/yr on $86,190 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 154.16% and total cumulative return in cash at $132,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.