The Balsam Plan, Hathaway Lakes,Nunica,MI,49448

Investment Highlights

Rental property for sale in Nunica at The Balsam Plan, Hathaway Lakes, Nunica, MI, 49448 generates $3,262/mo in rent and, after a $2,193/mo payment, leaves $307/mo in cash flow. Total monthly income is $3,262/mo, and annual cash flow is $3,689/yr on $148,512 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.74% on a $448,000 entry. Equity gained on principal adds $2,891/yr, while 5% annual appreciation builds toward $123,774 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash sums $173,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,262/mo property income rather than buyer’s personal income.