557 Price St,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at 557 Price St, Ionia, MI, 48846 offers $1,061/mo rent that, after a $661/mo payment, leaves $171/mo cash flow. Total monthly income is $1,061/mo, and annual cash flow is $2,046/yr on $44,753 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.43% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 127.96% and total cumulative return in cash reaches $57,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,061/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.