Elements 2090 Plan, Inverness Homes,Eaton Rapids,MI,48827

Investment Highlights

Investment property for sale in Eaton Rapids at Elements 2090 Plan, Inverness Homes, Eaton Rapids, MI, 48827 listed at $331,900 pairs $642/mo rent with a $1,624/mo payment. Total monthly income runs $642/mo. Return on cash invested measures 3.04% in year one, and rental yield registers 2.32% at a $331,900 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,698 by year five. Five-year ROI tracks 12.94% and total cumulative return in cash totals $14,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $642/mo property income relative to a $1,624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).