6264 Chippewa Ave,Saugatuck,MI,49453

Investment Highlights

Investment property for sale in Saugatuck at 6264 Chippewa Ave, Saugatuck, MI, 49453 listed at $1,195,000 pairs $1,783/mo rent with a $5,849/mo payment. Total monthly income runs $1,783/mo. Return on cash invested measures 1.47% in year one, and rental yield registers 1.79% at a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and annual property appreciation at 5% supports $330,156 by year five. Five-year ROI tracks 4.42% and total cumulative return in cash totals $17,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,783/mo property income relative to a $5,849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).