Elements 2390 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Elements 2390 Plan, Timber Ridge, Ionia, MI, 48846 at $351,900 posts ROI 26.84% with $674/mo cash flow from $2,994/mo rent. Total monthly income equals $2,994/mo, and annual cash flow records $8,085/yr on $116,655 to close. Return on cash invested measures 26.84% and rental yield reads 10.21% at the current $351,900. Equity gained on principal adds $2,271/yr, and 5% annual appreciation supports $97,223 by year five. Five-year ROI prints 140.55% and total cumulative return in cash totals $163,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).