2400 Troon S #4002,Bellaire,MI,49615

Investment Highlights

Investment property for sale in Bellaire at 2400 Troon S #4002, Bellaire, MI, 49615 offers a 9.56% rental yield on a $119,000 purchase with $948/mo rent. Total monthly income registers $948/mo, and a $582/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,964/yr on $39,449 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 130.12% and total cumulative return in cash at $51,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $948/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.