8750 N Island Dr,Stanwood,MI,49346

Investment Highlights

Rental property for sale in Stanwood at 8750 N Island Dr, Stanwood, MI, 49346 priced at $765,000 converts $4,016/mo rent into after a $3,744/mo obligation. Total monthly income equals $4,016/mo. Return on cash invested prints 14.84% in year one, and rental yield reads 6.3% against a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation compiles into $211,355 by year five. Five-year ROI reaches 76.27% and total cumulative return in cash sums $191,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,016/mo property income covering a $3,744/mo payment, not borrower’s personal income.