526 N Jackson St,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at 526 N Jackson St, Ionia, MI, 48846 priced at $180,000 converts $1,752/mo rent into $565/mo cash flow after a $881/mo obligation. Total monthly income equals $1,752/mo, and annual cash flow totals $6,780/yr on $59,670 invested. Return on cash invested prints 31.27% in year one, and rental yield reads 11.68% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 164.27% and total cumulative return in cash sums $98,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,752/mo property income covering a $881/mo payment, not borrower’s personal income.