Skyview Dr #Z62QJCIoniaMI48846
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at Skyview Dr #Z62QJC, Ionia, MI, 48846 in Ionia speaks for itself: 10.56% gross on a $352,700 price, generating $3,103/mo in rent and $777/mo in net income after the $1,586/mo debt service. DSCR 1.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,328 stacks alongside $97,445 in projected five-year appreciation and $3,248/yr in principal reduction. Projected total cumulative return: $184,397.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.3% |
| Monthly Cash Flow | $777 | $850 |
City averages based on Ionia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,103 |
| Total Monthly Debt Service | $2,186 |
| 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.
Single Family
Built in 2023
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
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices