1972 Talamore Ct SE #33Grand RapidsMI49546
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1972 Talamore Ct SE #33, Grand Rapids, MI, 49546 in Grand Rapids is capital appreciation. Rental yield 3.24%. The 3.24% gross yield at $855,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $236,221 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.60) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $71,792.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.8% |
| Monthly Cash Flow | $(3,990) | $850 |
City averages based on Grand Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,306 |
| Total Monthly Debt Service | $5,956 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
7,405 sqft lot
$N/A/sqft
$1,975 quarterly HOA
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
Condo
Built in 2003
7,405 sqft lot
$N/A/sqft
$1,975 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Fetterhoff • JH Realty Partners
Mls Name: MichRIC
Mls Provider:
Mls ID: #25028034
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.