326 E Washington St, Ionia, MI, 48846 | $64/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1028 sft

818 Pleasant St, Belding, MI, 48809

4 Bed
1 Bath
1568 sft

2409 Andres Rd, Belding, MI, 48809

2 Bed
1 Bath
840 sft

4691 County Farm Rd, Greenville, MI, 48838

2 Bed
1 Bath
976 sft

255 N Hawley St, Lyons, MI, 48851

Nearby investment properties with comparable prices

3 Bed
2 Bath
1810 sft

322 Alderman St, Belding, MI, 48809

3 Bed
2 Bath
1796 sft

503 Rich St, Ionia, MI, 48846

3 Bed
2 Bath
1597 sft

417 E Grant St, Sheridan, MI, 48884

3 Bed
1 Bath
1471 sft

3869 E Bluewater Hwy, Ionia, MI, 48846

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Ionia at 326 E Washington St, Ionia, MI, 48846 with 5% annual appreciation on a $274,900 basis while $1,876/mo rent supports operations. Total monthly income totals $1,876/mo and a $1,346/mo payment preserves $64/mo for cash returns. Annual cash flow comes to $764/yr on $91,129 deployed, and return on cash invested reaches 20.75% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 8.19%. Five-year ROI measures 107.89% and total cumulative return in cash totals $98,319.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,876/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA