Integrity 2280 Plan, Timber Ridge,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Integrity 2280 Plan, Timber Ridge, Ionia, MI, 48846 uses $109,030 cash to close to unlock $9,898/yr annual cash flow and $825/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,610/mo payment keeps the spread at $825/mo. Purchase price stands at $328,900, and rental yield measures 10.92% with $2,994/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $90,869 over five years. Five-year ROI reaches 152.06% and total cumulative return in cash records $165,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,610/mo payment rather than investor’s personal income.