Howden B Plan, Howden Meadows,Howell,MI,48855

Investment Highlights

Investment property for sale in Howell at Howden B Plan, Howden Meadows, Howell, MI, 48855 listed at $401,900 pairs $3,128/mo rent with a $1,967/mo payment to leave $478/mo cash flow. Total monthly income runs $3,128/mo, and annual cash flow reaches $5,733/yr on $133,230 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 9.34% at a $401,900 basis. Equity gained on principal adds $2,593/yr, and annual property appreciation at 5% supports $111,038 by year five. Five-year ROI tracks 126.44% and total cumulative return in cash totals $168,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,128/mo property income relative to a $1,967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).