9495 W School Section Lake Dr,Mecosta,MI,49332

Investment Highlights

Investment property for sale in Mecosta at 9495 W School Section Lake Dr, Mecosta, MI, 49332 listed at $247,000 pairs $1,450/mo rent with a $1,209/mo payment. Total monthly income runs $1,450/mo. Return on cash invested measures 17.29% in year one, and rental yield registers 7.04% at a $247,000 basis. Equity gained on principal adds $1,594/yr, and annual property appreciation at 5% supports $68,242 by year five. Five-year ROI tracks 89.37% and total cumulative return in cash totals $73,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $1,209/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).