130 Rosemary St SE,Grand Rapids,MI,49507

Investment Highlights

Investment property for sale in Grand Rapids at 130 Rosemary St SE, Grand Rapids, MI, 49507 listed at $182,500 pairs $1,522/mo rent with a $893/mo payment to leave $319/mo cash flow. Total monthly income runs $1,522/mo, and annual cash flow reaches $3,825/yr on $60,499 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 10.01% at a $182,500 basis. Equity gained on principal adds $1,178/yr, and annual property appreciation at 5% supports $50,421 by year five. Five-year ROI tracks 137.27% and total cumulative return in cash totals $83,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,522/mo property income relative to a $893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).