1771 Warwick Rd SE, East Grand Rapids, MI, 49506 | $760/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
1627 sft

1589 Maplelawn St SW, Wyoming, MI, 49509

4 Bed
2 Bath
2395 sft

5709 Pineknoll Ct SE, Kentwood, MI, 49508

3 Bed
2 Bath
1548 sft

745 Flat River Dr SE, Lowell, MI, 49331

3 Bed
2 Bath
1512 sft

3785 Willow Dr NE, Grand Rapids, MI, 49525

Nearby investment properties with comparable prices

3 Bed
2 Bath
1731 sft

3030 Newell St, Burnips, MI, 49314

4 Bed
2 Bath
1954 sft

1022 Calvin Ave SE, Grand Rapids, MI, 49506

3 Bed
2 Bath
2059 sft

3258 29th St SW, Grandville, MI, 49418

3 Bed
3 Bath
1816 sft

2702 Mulford Dr SE, Grand Rapids, MI, 49546

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 East Grand Rapids at 1771 Warwick Rd SE, East Grand Rapids, MI, 49506 with 5% annual appreciation on a $375,000 basis while $3,232/mo rent supports operations. Total monthly income totals $3,232/mo and a $1,835/mo payment preserves $760/mo for cash returns. Annual cash flow comes to $9,114/yr on $124,313 deployed, and return on cash invested reaches 27.24% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 10.34%. Five-year ROI measures 142.69% and total cumulative return in cash totals $177,387.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,232/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1948

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49506, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,282 (100%)
Owner Occupied HU	9,333 (70.3%)
Renter Occupied HU	3,352 (25.2%)
Vacant Housing Units	597 ( 4.5%)
Median Home Value	$381,078
Average Home Value	$459,706