2669 E Bluewater Hwy,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 2669 E Bluewater Hwy, Ionia, MI, 48846 earns $15/mo cash flow from $2,158/mo rent with a $1,591/mo payment. Total monthly income totals $2,158/mo, and annual cash flow totals $174/yr on $107,738 capital. ROI tracks 20.07% on current figures, and rental yield reads 7.97% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 104.27% and total cumulative return in cash sums $112,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,158/mo property income instead of your personal income.