215 Dearing Dr,Shepherd,MI,48883

Investment Highlights

Rental property for sale in Shepherd at 215 Dearing Dr, Shepherd, MI, 48883 priced at $179,000 converts $1,699/mo rent into $519/mo cash flow after a $876/mo obligation. Total monthly income equals $1,699/mo, and annual cash flow totals $6,224/yr on $59,339 invested. Return on cash invested prints 30.4% in year one, and rental yield reads 11.39% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 159.64% and total cumulative return in cash sums $94,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,699/mo property income covering a $876/mo payment, not borrower’s personal income.