939 N Coleman Rd,Shepherd,MI,48883

Investment Highlights

Investment property for sale in Shepherd at 939 N Coleman Rd, Shepherd, MI, 48883 offers a 12.94% rental yield on a $230,000 purchase with $2,480/mo rent. Total monthly income registers $2,480/mo, and a $1,126/mo payment leaves $963/mo available for distribution. Annual cash flow reaches $11,556/yr on $76,245 to close, and return on cash invested stands at 35.07% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 184.66% and total cumulative return in cash at $140,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,480/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.