132 Clyde James Dr,Pleasant Lake,MI,49272

Investment Highlights

Investment property for sale in Pleasant Lake at 132 Clyde James Dr, Pleasant Lake, MI, 49272 listed at $249,900 pairs $1,921/mo rent with a $1,223/mo payment to leave $273/mo cash flow. Total monthly income runs $1,921/mo, and annual cash flow reaches $3,278/yr on $82,842 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 9.22% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 124.64% and total cumulative return in cash totals $103,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,921/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).