1025 Tamarack Ave NWGrand RapidsMI49504
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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
Investment Highlights
Investment property for sale in Grand Rapids at 1025 Tamarack Ave NW, Grand Rapids, MI, 49504 listed at $267,500 pairs $2,042/mo rent with a $1,309/mo payment to leave $278/mo cash flow. Total monthly income runs $2,042/mo, and annual cash flow reaches $3,339/yr on $88,676 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.16% at a $267,500 basis. Equity gained on principal adds $1,726/yr, and annual property appreciation at 5% supports $73,905 by year five. Five-year ROI tracks 123.59% and total cumulative return in cash totals $109,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,042/mo property income relative to a $1,309/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,664 (100%) |
| Owner Occupied HU | 10,506 (56.3%) |
| Renter Occupied HU | 7,008 (37.5%) |
| Vacant Housing Units | 1,150 ( 6.2%) |
| Median Home Value | $258,759 |
| Average Home Value | $284,959 |
Housing Distribution
Address Breakdown
Residential
17,332
Single Family
14,985
Multi-Family
2,347
Businesses
891
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Listed by: Donna Anders • Berkshire Hathaway HomeServices Michigan Real Estate
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #65025037077