A “RE-free” and I-phase-containing Mg–8Sn-based alloy system was developed and successfully fabricated through the equal channel angular pressing (ECAP) process. The influence of the Zn/Al mass ratio on the microstructures and mechanical properties of the as-ECAPed Mg–8Sn–(5,6,7)Zn–2(wt%)Al alloys was investigated using an optical microscope, an X-ray diffractometer, a scanning electron microscope, a transmission electron microscope, and a universal testing machine. Grain size, dynamic recrystallization behavior, and texture were found to be greatly affected by the Zn/Al mass ratio. Furthermore, the ultimate tensile strength (250 MPa) and elongation (14.5%) of the alloy with a Zn/Al mass ratio of 3 were considerably increased compared to those of the as-ECAPed alloys with Zn/Al ratios of 2.5 and 3.5 (ultimate tensile strength and elongation of 215 MPa and 13% and 184 MPa and 10%, respectively). This significant enhancement was attributed to extensive grain boundary strengthening, precipitation strengthening, and higher work hardening capacity as well as texture randomization. The strength and ductility of the as-ECAPed alloys are also discussed in terms of the I-phase and Mg2Sn formation.