15871 Pretty Lake Dr,Mecosta,MI,49332

Investment Highlights

Investment property for sale in Mecosta at 15871 Pretty Lake Dr, Mecosta, MI, 49332 listed at $629,000 pairs $2,760/mo rent with a $3,079/mo payment. Total monthly income runs $2,760/mo. Return on cash invested measures 11.99% in year one, and rental yield registers 5.27% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 60.9% and total cumulative return in cash totals $126,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).