255 Whispering Creek Dr,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at 255 Whispering Creek Dr, Ionia, MI, 48846 generates $1,269/mo in rent and, after a $808/mo payment, leaves $181/mo in cash flow. Total monthly income is $1,269/mo, and annual cash flow is $2,166/yr on $54,698 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.23% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash sums $68,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,269/mo property income rather than buyer’s personal income.