341 Lynn AveIoniaMI48846
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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 341 Lynn Ave, Ionia, MI, 48846 with 5% annual appreciation on a $195,000 basis while $1,808/mo rent supports operations. Total monthly income totals $1,808/mo and a $954/mo payment preserves $523/mo for cash returns. Annual cash flow comes to $6,270/yr on $64,643 deployed, and return on cash invested reaches 29.61% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 11.13%. Five-year ROI measures 155.43% and total cumulative return in cash totals $100,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,808/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Lisa Reidt • Five Star Real Estate - Ithaca
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933452
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.