104 Herbert St SW, Grand Rapids, MI, 49548 | $360/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1208 sft

222 John Ball Park Dr SW, Grand Rapids, MI, 49504

2 Bed
1 Bath
788 sft

33 Batavia Pl NE, Grand Rapids, MI, 49503

2 Bed
1 Bath
552 sft

112 Walter St SE, Wyoming, MI, 49548

3 Bed
1 Bath
1168 sft

140 43rd St SW, Wyoming, MI, 49548

Nearby investment properties with comparable prices

2 Bed
2 Bath
1100 sft

496 Barkwood Ct NW, Grand Rapids, MI, 49534

- Bed
2 Bath
1344 sft

2513 Moore Dr, Allegan, MI, 49010

2 Bed
1 Bath
936 sft

15 Daniel St SE, Kentwood, MI, 49548

2 Bed
2 Bath
992 sft

230 S State St APT 137, Zeeland, MI, 49464

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Grand Rapids at 104 Herbert St SW, Grand Rapids, MI, 49548 with 5% annual appreciation on a $236,000 basis while $1,916/mo rent supports operations. Total monthly income totals $1,916/mo and a $1,155/mo payment preserves $360/mo for cash returns. Annual cash flow comes to $4,318/yr on $78,234 deployed, and return on cash invested reaches 25.43% in year one. Equity gained on principal adds $1,523/yr, and five-year appreciation sums $65,202 alongside rental yield of 9.74%. Five-year ROI measures 132.96% and total cumulative return in cash totals $104,022.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,916/mo property income versus a $1,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49548, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,625 (100%)
Owner Occupied HU	9,662 (70.9%)
Renter Occupied HU	3,618 (26.6%)
Vacant Housing Units	345 ( 2.5%)
Median Home Value	$202,210
Average Home Value	$248,548