205 Lane Ave NW, Grand Rapids, MI, 49504 | $613/mo Cash Flow

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

Rental property for sale in Grand Rapids at 205 Lane Ave NW, Grand Rapids, MI, 49504 priced at $225,000 pairs $2,096/mo rent with $613/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,096/mo, and annual cash flow comes to $7,350/yr on $74,588 invested. Return on cash invested is 29.76% in year one, and rental yield stands at 11.18% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 156.23% and total cumulative return in cash reaches $116,529. For financing, Ziffy Mortgage’s DSCR program evaluates $2,096/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1925

2,178 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959