Dorchester Dr #JOQOY3,Howell,MI,48855

Investment Highlights

Rental property for sale in Howell at Dorchester Dr #JOQOY3, Howell, MI, 48855 offers $3,178/mo rent that, after a $1,681/mo payment, leaves $913/mo cash flow. Total monthly income is $3,178/mo, and annual cash flow is $10,956/yr on $113,870 cash. Return on cash invested measures 29.53% in year one, and rental yield stands at 11.1% at a $343,500 entry. Equity gained on principal adds $2,217/yr while 5% annual appreciation compounds into $94,903 by year five. Five-year ROI records 155.01% and total cumulative return in cash reaches $176,509. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,178/mo property income versus a $1,681/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.