1821 Rossman Ave SEGrand RapidsMI49507
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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 1821 Rossman Ave SE, Grand Rapids, MI, 49507 priced at $427,500 pairs $2,532/mo rent with after a $2,092/mo payment. Total monthly income equals $2,532/mo. Return on cash invested is 17.48% in year one, and rental yield stands at 7.11% on a $427,500 basis. Equity gained on principal adds $2,759/yr, and 5% annual appreciation accumulates to $118,110 by year five. Five-year ROI measures 90.37% and total cumulative return in cash reaches $128,074. For financing, Ziffy Mortgage’s DSCR program evaluates $2,532/mo property income against a $2,092/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,654 (100%) |
| Owner Occupied HU | 8,476 (62.1%) |
| Renter Occupied HU | 4,606 (33.7%) |
| Vacant Housing Units | 572 ( 4.2%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,171 |
Housing Distribution
Address Breakdown
Residential
12,903
Single Family
12,159
Multi-Family
744
Businesses
715
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Listed by: Jon Ornee • HomeRealty Holland
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018924
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.