802 Lakewood Dr,Adrian,MI,49221

Investment Highlights

Rental property for sale in Adrian at 802 Lakewood Dr, Adrian, MI, 49221 generates $2,281/mo in rent and, after a $1,248/mo payment, leaves $600/mo in cash flow. Total monthly income is $2,281/mo, and annual cash flow is $7,194/yr on $84,533 invested. Return on cash invested sits at 28.42% in year one, and rental yield is 10.73% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 149.02% and total cumulative return in cash sums $125,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.