8150 Carriage Ln,Stanwood,MI,49346

Investment Highlights

Rental property for sale in Stanwood at 8150 Carriage Ln, Stanwood, MI, 49346 priced at $270,000 pairs $2,198/mo rent with $346/mo cash flow after a $1,322/mo payment. Total monthly income equals $2,198/mo, and annual cash flow comes to $4,154/yr on $89,505 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 9.77% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 128.66% and total cumulative return in cash reaches $115,153. For financing, Ziffy Mortgage’s DSCR program evaluates $2,198/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.