1894 N State Rd, Ionia, MI, 48846 | $285/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

Rental property for sale in Ionia at 1894 N State Rd, Ionia, MI, 48846 generates $2,500/mo in rent and, after a $1,644/mo payment, leaves $285/mo in cash flow. Total monthly income is $2,500/mo, and annual cash flow is $3,420/yr on $111,351 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.93% on a $335,900 entry. Equity gained on principal adds $2,168/yr, while 5% annual appreciation builds toward $92,803 over five years. Five-year ROI reaches 119.84% and total cumulative return in cash sums $133,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.

Single Family

Built in 1893

7 Acres lot

$N/A/sqft

No HOA