Saint Andrews Dr #HJM0KR,Eaton Rapids,MI,48827

Investment Highlights

Investment property for sale in Eaton Rapids at Saint Andrews Dr #HJM0KR, Eaton Rapids, MI, 48827 listed at $310,600 pairs $2,950/mo rent with a $1,520/mo payment to leave $902/mo cash flow. Total monthly income runs $2,950/mo, and annual cash flow reaches $10,824/yr on $102,964 cash to close. Return on cash invested measures 30.42% in year one, and rental yield registers 11.4% at a $310,600 basis. Equity gained on principal adds $2,004/yr, and annual property appreciation at 5% supports $85,813 by year five. Five-year ROI tracks 159.73% and total cumulative return in cash totals $164,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,950/mo property income relative to a $1,520/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).