The Charlevoix Plan, Pembrooke South,New Haven,MI,48048

Investment Highlights

Rental property for sale in New Haven at The Charlevoix Plan, Pembrooke South, New Haven, MI, 48048 offers $1,590/mo rent that, after a $1,674/mo payment. Total monthly income is $1,590/mo. Return on cash invested measures 12.87% in year one, and rental yield stands at 5.58% at a $341,990 entry. Equity gained on principal adds $2,207/yr while 5% annual appreciation compounds into $94,486 by year five. Five-year ROI records 65.62% and total cumulative return in cash reaches $74,395. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $1,674/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.