3569 Kingfisher Cove Dr,Saugatuck,MI,49453

Investment Highlights

Rental property for sale in Saugatuck at 3569 Kingfisher Cove Dr, Saugatuck, MI, 49453 generates $2,647/mo in rent, after a $3,671/mo payment. Total monthly income is $2,647/mo. Return on cash invested sits at 7.5% in year one, and rental yield is 4.24% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 37.31% and total cumulative return in cash sums $92,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,647/mo property income rather than buyer’s personal income.