2670 Kingston Rd,Leonard,MI,48367

Investment Highlights

Investment property for sale in Leonard at 2670 Kingston Rd, Leonard, MI, 48367 listed at $395,600 pairs $3,480/mo rent with a $1,936/mo payment to leave $871/mo cash flow. Total monthly income runs $3,480/mo, and annual cash flow reaches $10,458/yr on $131,141 cash to close. Return on cash invested measures 27.88% in year one, and rental yield registers 10.56% at a $395,600 basis. Equity gained on principal adds $2,553/yr, and annual property appreciation at 5% supports $109,297 by year five. Five-year ROI tracks 146.14% and total cumulative return in cash totals $191,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $1,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).