8118 Glenbarr Dr,Parma,MI,49269

Investment Highlights

Investment property for sale in Parma at 8118 Glenbarr Dr, Parma, MI, 49269 at $249,900 posts ROI 20.72% with $56/mo cash flow from $1,709/mo rent. Total monthly income equals $1,709/mo, and annual cash flow records $674/yr on $82,842 to close. Return on cash invested measures 20.72% and rental yield reads 8.21% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 107.82% and total cumulative return in cash totals $89,318.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).