717 Pleasant St,Belding,MI,48809

Investment Highlights

Rental property for sale in Belding at 717 Pleasant St, Belding, MI, 48809 priced at $231,000 converts $2,003/mo rent into $479/mo cash flow after a $1,131/mo obligation. Total monthly income equals $2,003/mo, and annual cash flow totals $5,752/yr on $76,577 invested. Return on cash invested prints 27.42% in year one, and rental yield reads 10.41% against a $231,000 entry. Equity gained on principal adds $1,491/yr, while 5% annual appreciation compiles into $63,821 by year five. Five-year ROI reaches 143.7% and total cumulative return in cash sums $110,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,131/mo payment, not borrower’s personal income.