8008 Stonehaven Dr,Parma,MI,49269

Investment Highlights

Rental property for sale in Parma at 8008 Stonehaven Dr, Parma, MI, 49269 offers $1,777/mo rent that, after a $1,150/mo payment, leaves $223/mo cash flow. Total monthly income is $1,777/mo, and annual cash flow is $2,670/yr on $77,903 cash. Return on cash invested measures 23.34% in year one, and rental yield stands at 9.07% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 121.8% and total cumulative return in cash reaches $94,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,777/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.