1513 Browning DrGrand 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
Rental property for sale in Grand Rapids at 1513 Browning Dr, Grand Rapids, MI, 49534 generates $3,273/mo in rent, after a $2,936/mo payment. Total monthly income is $3,273/mo. Return on cash invested sits at 15.91% in year one, and rental yield is 6.55% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 81.91% and total cumulative return in cash sums $161,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,273/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.65 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kyle J Thompson • Bellabay Realty (Kentwood)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25029733
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.