10660 Ellis Rd,Belding,MI,48809

Investment Highlights

Investment property for sale in Belding at 10660 Ellis Rd, Belding, MI, 48809 offers a 9.07% rental yield on a $250,000 purchase with $1,889/mo rent. Total monthly income registers $1,889/mo, and a $1,224/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,880/yr on $82,875 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 122% and total cumulative return in cash at $101,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,889/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.