Skyview Dr #RX6AA6,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Skyview Dr #RX6AA6, Ionia, MI, 48846 at $326,900 posts ROI 25.76% with $528/mo cash flow from $2,684/mo rent. Total monthly income equals $2,684/mo, and annual cash flow records $6,339/yr on $108,367 to close. Return on cash invested measures 25.76% and rental yield reads 9.85% at the current $326,900. Equity gained on principal adds $2,109/yr, and 5% annual appreciation supports $90,316 by year five. Five-year ROI prints 134.77% and total cumulative return in cash totals $146,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,684/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).