101/103 Arnold St, Ionia, MI, 48846 | $434/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Ionia at 101/103 Arnold St, Ionia, MI, 48846 generates $1,225/mo in rent and, after a $587/mo payment, leaves $434/mo in cash flow. Total monthly income is $1,225/mo, and annual cash flow is $5,210/yr on $39,747 invested. Return on cash invested sits at 33.02% in year one, and rental yield is 12.26% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 173.78% and total cumulative return in cash sums $69,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,225/mo property income rather than buyer’s personal income.

Multi Family

Built in 1920

0.31 Acres lot

$N/A/sqft

No HOA