17586 Bridge StGrand RapidsOH43522
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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 17586 Bridge St, Grand Rapids, OH, 43522 generates $1,547/mo in rent and, after a $974/mo payment, leaves $238/mo in cash flow. Total monthly income is $1,547/mo, and annual cash flow is $2,856/yr on $65,969 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 9.33% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 126.63% and total cumulative return in cash sums $83,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,547/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43522, Grand Rapids, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,205 (81.4%) |
| Renter Occupied HU | 170 (11.5%) |
| Vacant Housing Units | 105 ( 7.1%) |
| Median Home Value | $270,989 |
| Average Home Value | $310,811 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,328
Multi-Family
0
Businesses
116
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Listed by: Debbie Lin Katich • The Danberry Co
Mls Name: NORIS
Mls ID: #6132901