310 E Adams StIoniaMI48846
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Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Ionia at 310 E Adams St, Ionia, MI, 48846 uses $54,664 cash to close to unlock $3,752/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $807/mo payment keeps the spread at $313/mo. Purchase price stands at $164,900, and rental yield measures 10.19% with $1,400/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 140.22% and total cumulative return in cash records $76,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
