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

Investment Highlights

Investment property for sale in New Haven at The Manistique Plan, Pembrooke South, New Haven, MI, 48048 offers a 11.12% rental yield on a $329,990 purchase with $3,059/mo rent. Total monthly income registers $3,059/mo, and a $1,615/mo payment leaves $883/mo available for distribution. Annual cash flow reaches $10,596/yr on $109,392 to close, and return on cash invested stands at 29.6% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,170 over five years. Portfolio math shows five-year ROI at 155.36% and total cumulative return in cash at $169,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,059/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.