8808 Hartwell Rd,Elmira,MI,49730

Investment Highlights

Investment property for sale in Elmira at 8808 Hartwell Rd, Elmira, MI, 49730 listed at $130,300 pairs $1,819/mo rent with a $638/mo payment to leave $940/mo cash flow. Total monthly income runs $1,819/mo, and annual cash flow reaches $11,285/yr on $43,194 cash to close. Return on cash invested measures 46.03% in year one, and rental yield registers 16.75% at a $130,300 basis. Equity gained on principal adds $841/yr, and annual property appreciation at 5% supports $35,999 by year five. Five-year ROI tracks 243.76% and total cumulative return in cash totals $105,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,819/mo property income relative to a $638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).