135 Shapell Ln NWGrand RapidsMI49534
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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
Investment Highlights
Investment property for sale in Grand Rapids at 135 Shapell Ln NW, Grand Rapids, MI, 49534 with 5% annual appreciation on a $109,900 basis while $0/mo rent supports operations. 38% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
$650 monthly HOA
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Listed by: Alexandria Ritzenhein • Keller Williams GR East
Mls Name: MichRIC
Mls Provider:
Mls ID: #25042594
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.