1118 Edna St SE, Grand Rapids, MI, 49507 | $443/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grand Rapids at 1118 Edna St SE, Grand Rapids, MI, 49507 with 5% annual appreciation on a $375,000 basis while $2,915/mo rent supports operations. Total monthly income totals $2,915/mo and a $1,835/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,310/yr on $124,313 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 9.33%. Five-year ROI measures 126.29% and total cumulative return in cash totals $156,999.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,915/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,654 (100%)
Owner Occupied HU	8,476 (62.1%)
Renter Occupied HU	4,606 (33.7%)
Vacant Housing Units	572 ( 4.2%)
Median Home Value	$221,284
Average Home Value	$243,171