810 Allegan St,Saugatuck,MI,49453

Investment Highlights

Rental property for sale in Saugatuck at 810 Allegan St, Saugatuck, MI, 49453 offers $2,543/mo rent that, after a $4,797/mo payment. Total monthly income is $2,543/mo. Return on cash invested measures 5.47% in year one, and rental yield stands at 3.11% at a $980,000 entry. Equity gained on principal adds $6,324/yr while 5% annual appreciation compounds into $270,756 by year five. Five-year ROI records 25.91% and total cumulative return in cash reaches $83,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,543/mo property income versus a $4,797/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.