Integrity 2190 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 2190 Plan, Timber Ridge, Ionia, MI, 48846 uses $97,428 cash to close to unlock $7,900/yr annual cash flow and $658/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,438/mo payment keeps the spread at $658/mo. Purchase price stands at $293,900, and rental yield measures 10.6% with $2,596/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $81,199 over five years. Five-year ROI reaches 146.88% and total cumulative return in cash records $143,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,438/mo payment rather than investor’s personal income.