1826 Silver Ave SEGrand RapidsMI49507








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 1826 Silver Ave SE, Grand Rapids, MI, 49507 priced at $215,000 pairs $1,642/mo rent with $225/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,642/mo, and annual cash flow comes to $2,694/yr on $71,273 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 9.16% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 123.67% and total cumulative return in cash reaches $88,141. For financing, Ziffy Mortgage’s DSCR program evaluates $1,642/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1921
5,227 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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Nearby investment properties with comparable prices



Listed by: Jane (Phouphanith) Jones • The Local Element
Mls Name: MichRIC
Mls Provider:
Mls ID: #24052825
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








