556 Price St,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 556 Price St, Ionia, MI, 48846 at $199,900 posts ROI 29.4% with $524/mo cash flow from $1,842/mo rent. Total monthly income equals $1,842/mo, and annual cash flow records $6,290/yr on $66,267 to close. Return on cash invested measures 29.4% and rental yield reads 11.06% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 154.32% and total cumulative return in cash totals $102,265.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,842/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).