5987 Martinus St,Haslett,MI,48840

Investment Highlights

Investment property for sale in Haslett at 5987 Martinus St, Haslett, MI, 48840 listed at $189,900 pairs $1,720/mo rent with a $929/mo payment to leave $468/mo cash flow. Total monthly income runs $1,720/mo, and annual cash flow reaches $5,618/yr on $62,952 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 10.87% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 151.3% and total cumulative return in cash totals $95,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,720/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).