995 M 99 S,Homer,MI,49245

Investment Highlights

Investment property for sale in Homer at 995 M 99 S, Homer, MI, 49245 earns $1,453/mo cash flow from $2,327/mo rent with a $649/mo payment. Total monthly income totals $2,327/mo, and annual cash flow totals $17,433/yr on $43,924 capital. ROI tracks 59.6% on current figures, and rental yield reads 21.07% at a $132,500 purchase. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 over five years. Five-year ROI reaches 316.22% and total cumulative return in cash sums $138,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,327/mo property income instead of your personal income.