9960 Ridge Run St,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at 9960 Ridge Run St, Howell, MI, 48855 listed at $319,900 pairs $2,830/mo rent with a $1,566/mo payment to leave $720/mo cash flow. Total monthly income runs $2,830/mo, and annual cash flow reaches $8,642/yr on $106,047 cash to close. Return on cash invested measures 28.06% in year one, and rental yield registers 10.62% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 147.11% and total cumulative return in cash totals $156,008. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,830/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).