1739 Millbrook St SE, Grand Rapids, MI, 49508 | $799/mo Cash Flow

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NMLS #2625701

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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 1739 Millbrook St SE, Grand Rapids, MI, 49508 offers $3,487/mo rent that, after a $1,995/mo payment, leaves $799/mo cash flow. Total monthly income is $3,487/mo, and annual cash flow is $9,591/yr on $135,086 cash. Return on cash invested measures 27.01% in year one, and rental yield stands at 10.27% at a $407,500 entry. Equity gained on principal adds $2,630/yr while 5% annual appreciation compounds into $112,585 by year five. Five-year ROI records 141.46% and total cumulative return in cash reaches $191,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,487/mo property income versus a $1,995/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

0.27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,271 (100%)
Owner Occupied HU	10,323 (63.4%)
Renter Occupied HU	5,488 (33.7%)
Vacant Housing Units	460 ( 2.8%)
Median Home Value	$292,420
Average Home Value	$312,786