Elements 1680 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Elements 1680 Plan, Timber Ridge, Ionia, MI, 48846 earns $904/mo cash flow from $2,994/mo rent with a $1,551/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $10,851/yr on $105,052 capital. ROI tracks 30.24% on current figures, and rental yield reads 11.34% at a $316,900 purchase. Equity gained on principal adds $2,045/yr, and 5% annual appreciation supports $87,554 over five years. Five-year ROI reaches 158.8% and total cumulative return in cash sums $166,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.