3831 S State Rd, Ionia, MI, 48846 | 6.08% Rental Yield

For Sale

Ziffy Mortgage

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

Rental property for sale in Ionia at 3831 S State Rd, Ionia, MI, 48846 priced at $449,900 pairs $2,279/mo rent with after a $2,202/mo payment. Total monthly income equals $2,279/mo. Return on cash invested is 14.37% in year one, and rental yield stands at 6.08% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 73.72% and total cumulative return in cash reaches $109,942. For financing, Ziffy Mortgage’s DSCR program evaluates $2,279/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

6.14 Acres lot

$N/A/sqft

No HOA