219 E Lincoln Ave,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 219 E Lincoln Ave, Ionia, MI, 48846 listed at $128,000 pairs $1,618/mo rent with a $627/mo payment to leave $774/mo cash flow. Total monthly income runs $1,618/mo, and annual cash flow reaches $9,293/yr on $42,432 cash to close. Return on cash invested measures 41.81% in year one, and rental yield registers 15.17% at a $128,000 basis. Equity gained on principal adds $826/yr, and annual property appreciation at 5% supports $35,364 by year five. Five-year ROI tracks 220.9% and total cumulative return in cash totals $93,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,618/mo property income relative to a $627/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).