9198 Hazel Dr,Reading,MI,49274

Investment Highlights

Investment property for sale in Reading at 9198 Hazel Dr, Reading, MI, 49274 uses $45,117 cash to close to unlock $8,144/yr annual cash flow and $679/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $666/mo payment keeps the spread at $679/mo. Purchase price stands at $136,100, and rental yield measures 13.9% with $1,576/mo rent. Return on cash invested shows 37.96% in year one, and 5% annual appreciation builds toward $37,602 over five years. Five-year ROI reaches 200.17% and total cumulative return in cash records $90,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $666/mo payment rather than investor’s personal income.