Elements 1800 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at Elements 1800 Plan, Timber Ridge, Ionia, MI, 48846 offers $2,994/mo rent that, after a $1,654/mo payment, leaves $766/mo cash flow. Total monthly income is $2,994/mo, and annual cash flow is $9,187/yr on $112,014 cash. Return on cash invested measures 28.11% in year one, and rental yield stands at 10.63% at a $337,900 entry. Equity gained on principal adds $2,180/yr while 5% annual appreciation compounds into $93,356 by year five. Five-year ROI records 147.37% and total cumulative return in cash reaches $165,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.