Skyview Dr #CA93U6,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at Skyview Dr #CA93U6, Ionia, MI, 48846 offers $2,598/mo rent that, after a $1,516/mo payment, leaves $556/mo cash flow. Total monthly income is $2,598/mo, and annual cash flow is $6,666/yr on $102,666 cash. Return on cash invested measures 26.4% in year one, and rental yield stands at 10.07% at a $309,700 entry. Equity gained on principal adds $1,998/yr while 5% annual appreciation compounds into $85,564 by year five. Five-year ROI records 138.2% and total cumulative return in cash reaches $141,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,598/mo property income versus a $1,516/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.