443 Nicholson St,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 443 Nicholson St, Ionia, MI, 48846 earns $391/mo cash flow from $1,644/mo rent with a $930/mo payment. Total monthly income totals $1,644/mo, and annual cash flow totals $4,692/yr on $62,985 capital. ROI tracks 27.36% on current figures, and rental yield reads 10.38% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 143.33% and total cumulative return in cash sums $90,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,644/mo property income instead of your personal income.