Integrity 2061 V8.1a Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 2061 V8.1a Plan, Timber Ridge, Ionia, MI, 48846 uses $93,450 cash to close to unlock $4,977/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,380/mo payment keeps the spread at $415/mo. Purchase price stands at $281,900, and rental yield measures 9.68% with $2,274/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $77,884 over five years. Five-year ROI reaches 131.94% and total cumulative return in cash records $123,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,380/mo payment rather than investor’s personal income.