1261 36th St SE, Grand Rapids, MI, 49508 | $1,878/mo Cash Flow

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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 1261 36th St SE, Grand Rapids, MI, 49508 offers a 16.93% rental yield on a $249,900 purchase with $3,526/mo rent. Total monthly income registers $3,526/mo, and a $1,223/mo payment leaves $1,878/mo available for distribution. Annual cash flow reaches $22,538/yr on $82,842 to close, and return on cash invested stands at 47.12% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 249.3% and total cumulative return in cash at $206,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,526/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,271 (100%)
Owner Occupied HU	10,323 (63.4%)
Renter Occupied HU	5,488 (33.7%)
Vacant Housing Units	460 ( 2.8%)
Median Home Value	$292,420
Average Home Value	$312,786