12497 Chicago Ave,Wellston,MI,49689

Investment Highlights

Rental property for sale in Wellston at 12497 Chicago Ave, Wellston, MI, 49689 generates $1,860/mo in rent and, after a $1,077/mo payment, leaves $409/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $4,908/yr on $72,930 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 10.15% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 139.43% and total cumulative return in cash sums $101,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.