829 Superior Ave,Kingsford,MI,49802

Investment Highlights

Rental property for sale in Kingsford at 829 Superior Ave, Kingsford, MI, 49802 generates $1,709/mo in rent and, after a $1,150/mo payment, leaves $160/mo in cash flow. Total monthly income is $1,709/mo, and annual cash flow is $1,916/yr on $77,869 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 8.73% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 116.59% and total cumulative return in cash sums $90,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,709/mo property income rather than buyer’s personal income.