1900 Monroe Ave NW, Grand Rapids, MI, 49505 | $1,098/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 1900 Monroe Ave NW, Grand Rapids, MI, 49505 offers $3,241/mo rent that, after a $1,591/mo payment, leaves $1,098/mo cash flow. Total monthly income is $3,241/mo, and annual cash flow is $13,170/yr on $107,738 cash. Return on cash invested measures 32.13% in year one, and rental yield stands at 11.97% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 168.93% and total cumulative return in cash reaches $182,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,241/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1924

4,356 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49505, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,709 (100%)
Owner Occupied HU	9,483 (64.5%)
Renter Occupied HU	4,578 (31.1%)
Vacant Housing Units	648 ( 4.4%)
Median Home Value	$281,170
Average Home Value	$311,704