1176 56th St,Pullman,MI,49450

Investment Highlights

Rental property for sale in Pullman at 1176 56th St, Pullman, MI, 49450 generates $1,991/mo in rent and, after a $1,150/mo payment, leaves $442/mo in cash flow. Total monthly income is $1,991/mo, and annual cash flow is $5,298/yr on $77,903 invested. Return on cash invested sits at 26.71% in year one, and rental yield is 10.17% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 139.87% and total cumulative return in cash sums $108,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,991/mo property income rather than buyer’s personal income.