149 Taylor St,Saugatuck,MI,49453

Investment Highlights

Rental property for sale in Saugatuck at 149 Taylor St, Saugatuck, MI, 49453 priced at $575,900 converts $1,862/mo rent into after a $2,819/mo obligation. Total monthly income equals $1,862/mo. Return on cash invested prints 7.8% in year one, and rental yield reads 3.88% against a $575,900 entry. Equity gained on principal adds $3,716/yr, while 5% annual appreciation compiles into $159,111 by year five. Five-year ROI reaches 38.4% and total cumulative return in cash sums $72,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $2,819/mo payment, not borrower’s personal income.