9198 Wabasis Pointe Dr NE,Greenville,MI,48838

Investment Highlights

Investment property for sale in Greenville at 9198 Wabasis Pointe Dr NE, Greenville, MI, 48838 listed at $485,000 pairs $3,844/mo rent with a $2,374/mo payment to leave $592/mo cash flow. Total monthly income runs $3,844/mo, and annual cash flow reaches $7,098/yr on $160,778 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 9.51% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 127.21% and total cumulative return in cash totals $204,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,844/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).