547 Jermyn StIoniaMI48846
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 547 Jermyn St, Ionia, MI, 48846 in Ionia deserves attention. This $190,000 property earns $2,036/mo in rent, a 12.86% gross yield, and nets $783/mo after the $854/mo payment. DSCR 2.38 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $52,494 compounds alongside $1,750/yr in yearly equity build, for a total cumulative return of $122,775.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.3% |
| Monthly Cash Flow | $783 | $850 |
City averages based on Ionia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,036 |
| Total Monthly Debt Service | $1,177 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices