1358 Davis Ave NW, Grand Rapids, MI, 49504 | $2,400/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2648 sft

5630 Far Hill Dr SE, Grand Rapids, MI, 49546

4 Bed
3 Bath
2101 sft

5949 Valley Point Dr SE, Caledonia, MI, 49316

4 Bed
3 Bath
2393 sft

10550 Algoma Ave NE, Rockford, MI, 49341

4 Bed
3 Bath
1620 sft

342 Hampton Ave SE, Grand Rapids, MI, 49506

Nearby investment properties with comparable prices

3 Bed
2 Bath
1270 sft

750 Alger St SW, Wyoming, MI, 49509

3 Bed
2 Bath
1508 sft

The Willow Plan, Oaks of Rockford, Rockford, MI, 49341

5 Bed
3 Bath
3546 sft

1212 Quincy St, Grandville, MI, 49418

2 Bed
2 Bath
1853 sft

5161 Brant Ct, Hudsonville, MI, 49426

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Grand Rapids at 1358 Davis Ave NW, Grand Rapids, MI, 49504 priced at $275,000 converts $4,213/mo rent into $2,400/mo cash flow after a $1,346/mo obligation. Total monthly income equals $4,213/mo, and annual cash flow totals $28,794/yr on $91,163 invested. Return on cash invested prints 51.49% in year one, and rental yield reads 18.38% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 272.77% and total cumulative return in cash sums $248,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,213/mo property income covering a $1,346/mo payment, not borrower’s personal income.

Single Family

Built in 1915

5,720 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959