2053 Linden Ave SEGrand RapidsMI49507
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
Investment Highlights
Investment property for sale in Grand Rapids at 2053 Linden Ave SE, Grand Rapids, MI, 49507 with 5% annual appreciation on a $268,500 basis while $1,911/mo rent supports operations. Total monthly income totals $1,911/mo and a $1,314/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,686/yr on $89,008 deployed, and return on cash invested reaches 21.8% in year one. Equity gained on principal adds $1,733/yr, and five-year appreciation sums $74,182 alongside rental yield of 8.54%. Five-year ROI measures 113.56% and total cumulative return in cash totals $101,074.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,911/mo property income versus a $1,314/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,654 (100%) |
| Owner Occupied HU | 8,476 (62.1%) |
| Renter Occupied HU | 4,606 (33.7%) |
| Vacant Housing Units | 572 ( 4.2%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,171 |
Housing Distribution
Address Breakdown
Residential
12,903
Single Family
12,159
Multi-Family
744
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Johnson • Nexes Realty Muskegon
Mls Name: MichRIC
Mls Provider:
Mls ID: #25016564
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.