Integrity 1610 Plan, Kingston Farm Estates,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 1610 Plan, Kingston Farm Estates, Ionia, MI, 48846 offers a 10.42% rental yield on a $344,900 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $1,688/mo payment leaves $720/mo available for distribution. Annual cash flow reaches $8,636/yr on $114,334 to close, and return on cash invested stands at 27.46% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 143.89% and total cumulative return in cash at $164,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.