Keep or sell?

[Keegan Darby]

Hi BP, 

I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. 

my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in rental income. Leaving me about a 10% ROE. 

I could sell the property and net $170k and then reinvest that and earn 9% interest annually via lending hard money. 

Given these numbers and solely financially speaking, should I sell or hold the property? I don’t need the cash, but would it make more sense to cash out on the equity and invest that? 

The area is class C and I don’t expect much appreciation.