980 E Main St, Ionia, MI, 48846 | $471/mo Cash Flow

For Sale

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 980 E Main St, Ionia, MI, 48846 uses $56,355 cash to close to unlock $5,652/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $1,592/mo, and a $832/mo payment keeps the spread at $471/mo. Purchase price stands at $170,000, and rental yield measures 11.24% with $1,592/mo rent. Return on cash invested shows 29.94% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 157.14% and total cumulative return in cash records $88,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,592/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA