Skyview Dr #OPIP4A,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Skyview Dr #OPIP4A, Ionia, MI, 48846 offers a 10.79% rental yield on a $351,000 purchase with $3,156/mo rent. Total monthly income registers $3,156/mo, and a $1,718/mo payment leaves $841/mo available for distribution. Annual cash flow reaches $10,096/yr on $116,357 to close, and return on cash invested stands at 28.59% in year one. Equity gained on principal adds $2,265/yr while 5% annual appreciation supports $96,975 over five years. Portfolio math shows five-year ROI at 149.93% and total cumulative return in cash at $174,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,156/mo property income against a $1,718/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.