Integrity 1520 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 1520 Plan, Timber Ridge, Ionia, MI, 48846 uses $94,444 cash to close to unlock $3,560/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $2,175/mo, and a $1,394/mo payment keeps the spread at $297/mo. Purchase price stands at $284,900, and rental yield measures 9.16% with $2,175/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 123.59% and total cumulative return in cash records $116,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,175/mo property income covering a $1,394/mo payment rather than investor’s personal income.