The Mistwood Colonial Plan, Mistwood Estates,Macomb,MI,48042

Investment Highlights

Rental property for sale in Macomb at The Mistwood Colonial Plan, Mistwood Estates, Macomb, MI, 48042 offers $4,792/mo rent that, after a $3,118/mo payment, leaves $551/mo cash flow. Total monthly income is $4,792/mo, and annual cash flow is $6,611/yr on $209,606 cash. Return on cash invested measures 23.21% in year one, and rental yield stands at 9.03% at a $637,100 entry. Equity gained on principal adds $4,111/yr while 5% annual appreciation compounds into $176,019 by year five. Five-year ROI records 121.15% and total cumulative return in cash reaches $253,928. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,792/mo property income versus a $3,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.