1637 Laraway Lake Dr SE, Grand Rapids, MI, 49546 | $229/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1805 sft

3380 Milo St NW, Grand Rapids, MI, 49534

4 Bed
3 Bath
2848 sft

259 Stonefield Ct SW, Grandville, MI, 49418

4 Bed
3 Bath
1402 sft

466 Fairfield Ave NW, Grand Rapids, MI, 49504

3 Bed
2 Bath
1980 sft

1922 Carlton Ave NE, Grand Rapids, MI, 49505

Nearby investment properties with comparable prices

2 Bed
3 Bath
1883 sft

7034 Mindew Dr SW, Byron Center, MI, 49315

4 Bed
3 Bath
2600 sft

6698 Hartman Dr SE, Caledonia, MI, 49316

3 Bed
1 Bath
1200 sft

2257 Iroquois Trl, Hastings, MI, 49058

3 Bed
2 Bath
1658 sft

Snow Ave SE #GTX647, Alto, MI, 49302

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

Investment property for sale in Grand Rapids at 1637 Laraway Lake Dr SE, Grand Rapids, MI, 49546 earns $229/mo cash flow from $3,394/mo rent with a $2,349/mo payment. Total monthly income totals $3,394/mo, and annual cash flow totals $2,750/yr on $159,087 capital. ROI tracks 21.64% on current figures, and rental yield reads 8.49% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 112.67% and total cumulative return in cash sums $179,241. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,394/mo property income instead of your personal income.

Single Family

Built in 1976

0.48 Acres lot

$N/A/sqft

No HOA