101/103 Arnold StIoniaMI48846
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 101/103 Arnold St, Ionia, MI, 48846 in Ionia. At $119,900 it earns $1,225/mo in rent and distributes $434/mo to the owner after the $539/mo payment, a consistent 12.26% yield. DSCR 2.27 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $33,126 in value; $1,104/yr in principal paydown compounds ownership stake. Total projected return: $73,680.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.3% |
| Monthly Cash Flow | $434 | $850 |
City averages based on Ionia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,225 |
| Total Monthly Debt Service | $743 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices