99 Aldon Ln,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at 99 Aldon Ln, Ionia, MI, 48846 offers $1,152/mo rent that, after a $734/mo payment, leaves $163/mo cash flow. Total monthly income is $1,152/mo, and annual cash flow is $1,958/yr on $49,692 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.22% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 124.58% and total cumulative return in cash reaches $61,907. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,152/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.