314 N Washington St,Mecosta,MI,49332

Investment Highlights

Investment property for sale in Mecosta at 314 N Washington St, Mecosta, MI, 49332 listed at $139,000 pairs $1,549/mo rent with a $680/mo payment to leave $633/mo cash flow. Total monthly income runs $1,549/mo, and annual cash flow reaches $7,592/yr on $46,079 cash to close. Return on cash invested measures 36.39% in year one, and rental yield registers 13.37% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 191.74% and total cumulative return in cash totals $88,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,549/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).