1124 Kusterer 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
Rental property for sale in Grand Rapids at 1124 Kusterer Ave NW, Grand Rapids, MI, 49534 generates $1,974/mo in rent and, after a $969/mo payment, leaves $668/mo in cash flow. Total monthly income is $1,974/mo, and annual cash flow is $8,021/yr on $65,637 invested. Return on cash invested sits at 32.13% in year one, and rental yield is 11.96% on a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 168.95% and total cumulative return in cash sums $110,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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