Skyview Dr #SROFE0IoniaMI48846
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at Skyview Dr #SROFE0, Ionia, MI, 48846 in Ionia. Priced at $345,600, it generates $3,044/mo in gross rent and $765/mo in net monthly cash flow, a 10.57% yield that comfortably supports the 1.96 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,184. Five-year appreciation: $95,483. Equity from principal paydown: $3,183/yr. Total projected cumulative return: $180,914.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.3% |
| Monthly Cash Flow | $765 | $850 |
City averages based on Ionia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,044 |
| Total Monthly Debt Service | $2,142 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices