523 Price St,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 523 Price St, Ionia, MI, 48846 with 5% annual appreciation on a $130,000 basis while $1,109/mo rent supports operations. Total monthly income totals $1,109/mo and a $636/mo payment preserves $252/mo for cash returns. Annual cash flow comes to $3,024/yr on $43,095 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 10.24%. Five-year ROI measures 141.02% and total cumulative return in cash totals $60,771.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,109/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.