Skyview Dr #XL2475,Ionia,MI,48846

Investment Highlights

Investment property for sale in Ionia at Skyview Dr #XL2475, Ionia, MI, 48846 with 5% annual appreciation on a $338,000 basis while $2,884/mo rent supports operations. Total monthly income totals $2,884/mo and a $1,654/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,865/yr on $112,047 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $2,181/yr, and five-year appreciation sums $93,383 alongside rental yield of 10.24%. Five-year ROI measures 141.03% and total cumulative return in cash totals $158,018.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,884/mo property income versus a $1,654/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.