904 Rowland Rd,Leonard,MI,48367

Investment Highlights

Investment property for sale in Leonard at 904 Rowland Rd, Leonard, MI, 48367 with 5% annual appreciation on a $160,000 basis while $1,209/mo rent supports operations. Total monthly income totals $1,209/mo and a $783/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,848/yr on $53,040 deployed, and return on cash invested reaches 23.39% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.07%. Five-year ROI measures 122.02% and total cumulative return in cash totals $64,718.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,209/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.