2119 Audley Dr NE, Grand Rapids, MI, 49525 | $662/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2552 sft

17 Sunset Hills Ave NW, Grand Rapids, MI, 49534

4 Bed
3 Bath
2676 sft

1419 Pickett St SE, Kentwood, MI, 49508

4 Bed
2 Bath
2248 sft

480 Cheshire Dr NE, Grand Rapids, MI, 49505

3 Bed
1 Bath
1118 sft

1018 Webster St NW, Grand Rapids, MI, 49504

Nearby investment properties with comparable prices

3 Bed
2 Bath
1669 sft

2094 Linden Ave SE, Grand Rapids, MI, 49507

3 Bed
2 Bath
1669 sft

2109 Willard Ave, Grand Rapids, MI, 49507

3 Bed
2 Bath
1415 sft

Gambrel Design Plan, 2080 Union, Grand Rapids, MI, 49507

2 Bed
1 Bath
940 sft

1327 Lamont Ave NW, Grand Rapids, MI, 49504

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Grand Rapids at 2119 Audley Dr NE, Grand Rapids, MI, 49525 uses $101,771 cash to close to unlock $7,945/yr annual cash flow and $662/mo monthly cash flow. Total monthly income runs $2,687/mo, and a $1,503/mo payment keeps the spread at $662/mo. Purchase price stands at $307,000, and rental yield measures 10.5% with $2,687/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $84,818 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash records $147,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,687/mo property income covering a $1,503/mo payment rather than investor’s personal income.

Single Family

Built in 1960

9,147 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49525, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,066 (100%)
Owner Occupied HU	9,697 (74.2%)
Renter Occupied HU	2,961 (22.7%)
Vacant Housing Units	408 ( 3.1%)
Median Home Value	$372,431
Average Home Value	$442,492