610 Hackett St, Ionia, MI, 48846 | $1,767/mo Cash Flow

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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 Ionia at 610 Hackett St, Ionia, MI, 48846 with 5% annual appreciation on a $239,000 basis while $3,343/mo rent supports operations. Total monthly income totals $3,343/mo and a $1,170/mo payment preserves $1,767/mo for cash returns. Annual cash flow comes to $21,200/yr on $79,229 deployed, and return on cash invested reaches 46.67% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 16.78%. Five-year ROI measures 246.87% and total cumulative return in cash totals $195,588.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,343/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1942

0.25 Acres lot

$N/A/sqft

No HOA