1582 Geddes Ave 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 1582 Geddes Ave NW, Grand Rapids, MI, 49534 listed at $459,900 pairs $3,774/mo rent with a $2,251/mo payment to leave $741/mo cash flow. Total monthly income runs $3,774/mo, and annual cash flow reaches $8,894/yr on $152,457 cash to close. Return on cash invested measures 25.74% in year one, and rental yield registers 9.85% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 134.68% and total cumulative return in cash totals $205,326. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,774/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Elijah N Meschke • United Realty Services LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010997
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.