536 Balsam St,Kingsford,MI,49802

Investment Highlights

Rental property for sale in Kingsford at 536 Balsam St, Kingsford, MI, 49802 priced at $134,900 pairs $1,063/mo rent with $174/mo cash flow after a $660/mo payment. Total monthly income equals $1,063/mo, and annual cash flow comes to $2,084/yr on $44,719 invested. Return on cash invested is 24.57% in year one, and rental yield stands at 9.46% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 128.41% and total cumulative return in cash reaches $57,425. For financing, Ziffy Mortgage’s DSCR program evaluates $1,063/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.