811 W Lincoln Ave,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 811 W Lincoln Ave, Ionia, MI, 48846 listed at $139,800 pairs $1,792/mo rent with a $684/mo payment to leave $870/mo cash flow. Total monthly income runs $1,792/mo, and annual cash flow reaches $10,444/yr on $46,344 cash to close. Return on cash invested measures 42.45% in year one, and rental yield registers 15.38% at a $139,800 basis. Equity gained on principal adds $902/yr, and annual property appreciation at 5% supports $38,624 by year five. Five-year ROI tracks 224.31% and total cumulative return in cash totals $103,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,792/mo property income relative to a $684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).