140 Lakeside Dr NE, Grand Rapids, MI, 49503 | $17/mo Cash Flow

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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 140 Lakeside Dr NE, Grand Rapids, MI, 49503 priced at $402,000 pairs $2,668/mo rent with $17/mo cash flow after a $1,968/mo payment. Total monthly income equals $2,668/mo, and annual cash flow comes to $199/yr on $133,263 invested. Return on cash invested is 20.06% in year one, and rental yield stands at 7.96% on a $402,000 basis. Equity gained on principal adds $2,594/yr, and 5% annual appreciation accumulates to $111,065 by year five. Five-year ROI measures 104.18% and total cumulative return in cash reaches $138,836. For financing, Ziffy Mortgage’s DSCR program evaluates $2,668/mo property income against a $1,968/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1925

0.57 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49503, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,238 (100%)
Owner Occupied HU	7,149 (35.3%)
Renter Occupied HU	11,464 (56.6%)
Vacant Housing Units	1,625 ( 8.0%)
Median Home Value	$281,804
Average Home Value	$332,147