1769 Tennis Ct,Pleasant Lake,MI,49272

Investment Highlights

Investment property for sale in Pleasant Lake at 1769 Tennis Ct, Pleasant Lake, MI, 49272 listed at $150,000 pairs $1,196/mo rent with a $734/mo payment to leave $207/mo cash flow. Total monthly income runs $1,196/mo, and annual cash flow reaches $2,484/yr on $49,725 cash to close. Return on cash invested measures 24.9% in year one, and rental yield registers 9.57% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 130.14% and total cumulative return in cash totals $64,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).