1497 W Grand River Ave, Ionia, MI, 48846 | $72/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

Investment property for sale in Ionia at 1497 W Grand River Ave, Ionia, MI, 48846 uses $104,389 cash to close to unlock $860/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,541/mo payment keeps the spread at $72/mo. Purchase price stands at $314,900, and rental yield measures 8.19% with $2,148/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 107.8% and total cumulative return in cash records $112,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,541/mo payment rather than investor’s personal income.

Single Family

Built in 2002

1.80 Acres lot

$N/A/sqft

No HOA