13355 Kenowa Ave NW, Grand Rapids, MI, 49534 | $502/mo Cash Flow

For Sale

Fix & Flip

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 13355 Kenowa Ave NW, Grand Rapids, MI, 49534 uses $109,395 cash to close to unlock $6,024/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,615/mo payment keeps the spread at $502/mo. Purchase price stands at $330,000, and rental yield measures 9.74% with $2,678/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 132.89% and total cumulative return in cash records $145,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 1963

0.61 Acres lot

$N/A/sqft

No HOA