12914 3rd Ave NW, Grand Rapids, MI, 49534 | $510/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 12914 3rd Ave NW, Grand Rapids, MI, 49534 offers a 9.71% rental yield on a $340,000 purchase with $2,752/mo rent. Total monthly income registers $2,752/mo, and a $1,664/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,120/yr on $112,710 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 132.47% and total cumulative return in cash at $149,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,752/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

0.50 Acres lot

$N/A/sqft

No HOA