S Inglis Rd,Mikado,MI,48745

Investment Highlights

Investment property for sale in Mikado at S Inglis Rd, Mikado, MI, 48745 listed at $405,000 pairs $1,090/mo rent with a $1,982/mo payment. Total monthly income runs $1,090/mo. Return on cash invested measures 5.78% in year one, and rental yield registers 3.23% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 27.64% and total cumulative return in cash totals $37,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,090/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).