2019 Laraway Lake Dr SE, Grand Rapids, MI, 49546 | 7.68% Rental Yield

For Sale

Ziffy Mortgage

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

Investment property for sale in Grand Rapids at 2019 Laraway Lake Dr SE, Grand Rapids, MI, 49546 offers a 7.68% rental yield on a $450,000 purchase with $2,880/mo rent. 2% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 99.57% and total cumulative return in cash at $148,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

1.18 Acres lot

$N/A/sqft

No HOA