533 E Washington St #A-B, C D Ionia, MI, 48846 | 2.29% 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

Investment property for sale in C D Ionia at 533 E Washington St #A-B, C D Ionia, MI, 48846 with 5% annual appreciation on a $650,000 basis while $1,242/mo rent supports operations. 98% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 2.29%. Five-year ROI measures 12.54% and total cumulative return in cash totals $26,822. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,242/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2024

4.13 Acres lot

$N/A/sqft

No HOA