11089 Mountain Ash Ave NWGrand RapidsMI49534
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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 11089 Mountain Ash Ave NW, Grand Rapids, MI, 49534 offers a 7.57% rental yield on a $359,900 purchase with $2,271/mo rent. 87% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 97.86% and total cumulative return in cash at $116,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,271/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1968
0.84 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brad K VanOostenbrugge • RE/MAX of Grand Rapids (Stndl)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25014160
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.