Integrity 1530 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 1530 Plan, Timber Ridge, Ionia, MI, 48846 listed at $303,900 pairs $2,994/mo rent with a $1,487/mo payment to leave $990/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $11,884/yr on $100,743 cash to close. Return on cash invested measures 31.71% in year one, and rental yield registers 11.82% at a $303,900 basis. Equity gained on principal adds $1,961/yr, and annual property appreciation at 5% supports $83,962 by year five. Five-year ROI tracks 166.67% and total cumulative return in cash totals $167,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $1,487/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).