138 Holiday Dr,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 138 Holiday Dr, Ionia, MI, 48846 earns $751/mo cash flow from $2,746/mo rent with a $1,481/mo payment. Total monthly income totals $2,746/mo, and annual cash flow totals $9,009/yr on $100,279 capital. ROI tracks 28.89% on current figures, and rental yield reads 10.89% at a $302,500 purchase. Equity gained on principal adds $1,952/yr, and 5% annual appreciation supports $83,575 over five years. Five-year ROI reaches 151.56% and total cumulative return in cash sums $151,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,746/mo property income instead of your personal income.