Integrity 2060 Plan, Kingston Farm Estates,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at Integrity 2060 Plan, Kingston Farm Estates, Ionia, MI, 48846 generates $2,994/mo in rent and, after a $1,551/mo payment, leaves $904/mo in cash flow. Total monthly income is $2,994/mo, and annual cash flow is $10,851/yr on $105,052 invested. Return on cash invested sits at 30.24% in year one, and rental yield is 11.34% on a $316,900 entry. Equity gained on principal adds $2,045/yr, while 5% annual appreciation builds toward $87,554 over five years. Five-year ROI reaches 158.8% and total cumulative return in cash sums $166,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,994/mo property income rather than buyer’s personal income.