Palmetto II Plan, The Reserves at Proud Lake,Commerce Township,MI,48382

Investment Highlights

Investment property for sale in Commerce Township at Palmetto II Plan, The Reserves at Proud Lake, Commerce Township, MI, 48382 offers a 8.37% rental yield on a $634,900 purchase with $4,429/mo rent. Total monthly income registers $4,429/mo, and a $3,108/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,120/yr on $208,882 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $4,097/yr while 5% annual appreciation supports $175,411 over five years. Portfolio math shows five-year ROI at 109.73% and total cumulative return in cash at $229,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,429/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.