123 N Main St,Reading,MI,49274

Investment Highlights

Rental property for sale in Reading at 123 N Main St, Reading, MI, 49274 priced at $159,900 converts $1,254/mo rent into $199/mo cash flow after a $783/mo obligation. Total monthly income equals $1,254/mo, and annual cash flow totals $2,390/yr on $53,007 invested. Return on cash invested prints 24.42% in year one, and rental yield reads 9.41% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 127.63% and total cumulative return in cash sums $67,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,254/mo property income covering a $783/mo payment, not borrower’s personal income.