922 W Lincoln Ave,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at 922 W Lincoln Ave, Ionia, MI, 48846 at $220,000 posts ROI 24.15% with $258/mo cash flow from $1,709/mo rent. Total monthly income equals $1,709/mo, and annual cash flow records $3,096/yr on $72,930 to close. Return on cash invested measures 24.15% and rental yield reads 9.32% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 126.14% and total cumulative return in cash totals $91,991.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).