2031 Rowland Ave SE APT 4Grand RapidsMI49546








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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
Investment property for sale in Grand Rapids at 2031 Rowland Ave SE APT 4, Grand Rapids, MI, 49546 earns $253/mo cash flow from $2,034/mo rent with a $1,077/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $3,036/yr on $72,930 capital. ROI tracks 24.07% on current figures, and rental yield reads 11.09% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 127.65% and total cumulative return in cash sums $93,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$330 monthly HOA
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Nearby investment properties with comparable prices



Listed by: Ann R DeBoe • Novosad Realty Partners
Mls Name: MichRIC
Mls Provider:
Mls ID: #24052255
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








