6497 Deer Path #117,Bellaire,MI,49615

Investment Highlights

Investment property for sale in Bellaire at 6497 Deer Path #117, Bellaire, MI, 49615 listed at $214,900 pairs $1,479/mo rent with a $1,052/mo payment to leave $62/mo cash flow. Total monthly income runs $1,479/mo, and annual cash flow reaches $740/yr on $71,239 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 8.26% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 108.96% and total cumulative return in cash totals $77,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,479/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).