870 E Mount Garfield Rd,Norton Shores,MI,49441

Investment Highlights

Rental property for sale in Norton Shores at 870 E Mount Garfield Rd, Norton Shores, MI, 49441 offers $2,384/mo rent that, after a $1,175/mo payment, leaves $801/mo cash flow. Total monthly income is $2,384/mo, and annual cash flow is $9,612/yr on $79,560 cash. Return on cash invested measures 31.99% in year one, and rental yield stands at 11.92% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 168.15% and total cumulative return in cash reaches $133,778. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,384/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.