3616 Dake Rd, Ionia, MI, 48846 | $782/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ionia at 3616 Dake Rd, Ionia, MI, 48846 earns $782/mo cash flow from $2,431/mo rent with a $1,224/mo payment. Total monthly income totals $2,431/mo, and annual cash flow totals $9,384/yr on $82,875 capital. ROI tracks 31.23% on current figures, and rental yield reads 11.67% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 164.08% and total cumulative return in cash sums $135,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,431/mo property income instead of your personal income.

Manufactured

Built in 1989

1 Acres lot

$N/A/sqft

No HOA