947 W Main St, Ionia, MI, 48846 | $33/mo Cash Flow

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Ziffy Mortgage

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 947 W Main St, Ionia, MI, 48846 earns $33/mo cash flow from $1,510/mo rent with a $1,096/mo payment. Total monthly income totals $1,510/mo, and annual cash flow totals $398/yr on $74,256 capital. ROI tracks 20.45% on current figures, and rental yield reads 8.09% at a $224,000 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash sums $78,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,510/mo property income instead of your personal income.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA