2304 Westover Dr,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 2304 Westover Dr, Ionia, MI, 48846 at $252,500 posts ROI 22.14% with $156/mo cash flow from $1,821/mo rent. Total monthly income equals $1,821/mo, and annual cash flow records $1,869/yr on $83,704 to close. Return on cash invested measures 22.14% and rental yield reads 8.65% at the current $252,500. Equity gained on principal adds $1,629/yr, and 5% annual appreciation supports $69,761 by year five. Five-year ROI prints 115.37% and total cumulative return in cash totals $96,567.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,821/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).