1882 E Peck Lake Rd, Ionia, MI, 48846 | $115/mo Cash Flow

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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 1882 E Peck Lake Rd, Ionia, MI, 48846 earns $115/mo cash flow from $2,416/mo rent with a $1,708/mo payment. Total monthly income totals $2,416/mo, and annual cash flow totals $1,376/yr on $115,694 capital. ROI tracks 21.1% on current figures, and rental yield reads 8.31% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 109.76% and total cumulative return in cash sums $126,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,416/mo property income instead of your personal income.

Single Family

Built in 1977

5.17 Acres lot

$N/A/sqft

No HOA