1698 Trent Ridge Ct NE,Cedar Springs,MI,49319

Investment Highlights

Investment property for sale in Cedar Springs at 1698 Trent Ridge Ct NE, Cedar Springs, MI, 49319 listed at $317,900 pairs $2,785/mo rent with a $1,556/mo payment to leave $654/mo cash flow. Total monthly income runs $2,785/mo, and annual cash flow reaches $7,843/yr on $105,384 cash to close. Return on cash invested measures 27.35% in year one, and rental yield registers 10.51% at a $317,900 basis. Equity gained on principal adds $2,051/yr, and annual property appreciation at 5% supports $87,830 by year five. Five-year ROI tracks 143.43% and total cumulative return in cash totals $151,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,785/mo property income relative to a $1,556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).