Elements 1800 Plan, Kingston Farm Estates,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Elements 1800 Plan, Kingston Farm Estates, Ionia, MI, 48846 listed at $358,900 pairs $2,994/mo rent with a $1,757/mo payment to leave $627/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $7,522/yr on $118,975 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 10.01% at a $358,900 basis. Equity gained on principal adds $2,316/yr, and annual property appreciation at 5% supports $99,157 by year five. Five-year ROI tracks 137.28% and total cumulative return in cash totals $163,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).