3188 E Stage Rd,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 3188 E Stage Rd, Ionia, MI, 48846 listed at $195,850 pairs $2,994/mo rent with a $959/mo payment to leave $1,702/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $20,425/yr on $64,924 cash to close. Return on cash invested measures 51.37% in year one, and rental yield registers 18.34% at a $195,850 basis. Equity gained on principal adds $1,264/yr, and annual property appreciation at 5% supports $54,110 by year five. Five-year ROI tracks 272.16% and total cumulative return in cash totals $176,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $959/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).