134 Ida Red Ln SW, Grand Rapids, MI, 49534 | 7.31% Rental Yield

For Sale

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

Rental property for sale in Grand Rapids at 134 Ida Red Ln SW, Grand Rapids, MI, 49534 priced at $355,000 pairs $2,163/mo rent with after a $1,738/mo payment. Total monthly income equals $2,163/mo. Return on cash invested is 14.37% in year one, and rental yield stands at 7.31% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 75.02% and total cumulative return in cash reaches $88,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,163/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 2008

N/A lot

$N/A/sqft

$365 monthly HOA