Elements 2100 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Elements 2100 Plan, Timber Ridge, Ionia, MI, 48846 uses $112,345 cash to close to unlock $9,106/yr annual cash flow and $759/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,659/mo payment keeps the spread at $759/mo. Purchase price stands at $338,900, and rental yield measures 10.6% with $2,994/mo rent. Return on cash invested shows 28.01% in year one, and 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 146.84% and total cumulative return in cash records $164,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,659/mo payment rather than investor’s personal income.