301 Cleveland Ave,Kingsford,MI,49802

Investment Highlights

Rental property for sale in Kingsford at 301 Cleveland Ave, Kingsford, MI, 49802 generates $1,307/mo in rent and, after a $822/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,307/mo, and annual cash flow is $2,395/yr on $55,659 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.34% on a $167,900 entry. Equity gained on principal adds $1,083/yr, while 5% annual appreciation builds toward $46,388 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash sums $70,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,307/mo property income rather than buyer’s personal income.