1686 Herrity Ln, Ionia, MI, 48846 | $519/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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2604 Marquette Rd, IONIA, MI, 48846

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 1686 Herrity Ln, Ionia, MI, 48846 listed at $390,000 pairs $3,091/mo rent with a $1,909/mo payment to leave $519/mo cash flow. Total monthly income runs $3,091/mo, and annual cash flow reaches $6,228/yr on $129,285 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 9.51% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 129.19% and total cumulative return in cash totals $167,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,091/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1967

1.86 Acres lot

$N/A/sqft

No HOA