Elements 2070 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Elements 2070 Plan, Timber Ridge, Ionia, MI, 48846 earns $792/mo cash flow from $2,994/mo rent with a $1,634/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $9,508/yr on $110,688 capital. ROI tracks 28.5% on current figures, and rental yield reads 10.76% at a $333,900 purchase. Equity gained on principal adds $2,155/yr, and 5% annual appreciation supports $92,250 over five years. Five-year ROI reaches 149.47% and total cumulative return in cash sums $165,443. 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.