2581 Ridgecroft Dr SE APT 302,Kentwood,MI,49546

Investment Highlights

Investment property for sale in Kentwood at 2581 Ridgecroft Dr SE APT 302, Kentwood, MI, 49546 offers a 10.76% rental yield on a $150,000 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $734/mo payment leaves $356/mo available for distribution. Annual cash flow reaches $4,272/yr on $49,725 to close, and return on cash invested stands at 28.5% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 149.42% and total cumulative return in cash at $74,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.