116 E Beech St,Fruitport,MI,49415

Investment Highlights

Rental property for sale in Fruitport at 116 E Beech St, Fruitport, MI, 49415 priced at $300,000 converts $3,043/mo rent into $1,065/mo cash flow after a $1,468/mo obligation. Total monthly income equals $3,043/mo, and annual cash flow totals $12,780/yr on $99,450 invested. Return on cash invested prints 32.76% in year one, and rental yield reads 12.17% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 172.28% and total cumulative return in cash sums $171,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,043/mo property income covering a $1,468/mo payment, not borrower’s personal income.