342 Pearl St,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 342 Pearl St, Ionia, MI, 48846 at $174,000 posts ROI 23.33% with $164/mo cash flow from $1,312/mo rent. Total monthly income equals $1,312/mo, and annual cash flow records $1,970/yr on $57,681 to close. Return on cash invested measures 23.33% and rental yield reads 9.05% at the current $174,000. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 by year five. Five-year ROI prints 121.77% and total cumulative return in cash totals $70,241.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,312/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).