Skyview Dr #Z62QJC,Ionia,MI,48846

Investment Highlights

Rental property for sale in Ionia at Skyview Dr #Z62QJC, Ionia, MI, 48846 offers $3,103/mo rent that, after a $1,726/mo payment, leaves $777/mo cash flow. Total monthly income is $3,103/mo, and annual cash flow is $9,329/yr on $116,920 cash. Return on cash invested measures 27.89% in year one, and rental yield stands at 10.56% at a $352,700 entry. Equity gained on principal adds $2,276/yr while 5% annual appreciation compounds into $97,445 by year five. Five-year ROI records 146.18% and total cumulative return in cash reaches $170,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,103/mo property income versus a $1,726/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.