2120 College Ave SE, Grand Rapids, MI, 49507 | $349/mo Cash Flow

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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 2120 College Ave SE, Grand Rapids, MI, 49507 offers $2,406/mo rent that, after a $1,527/mo payment, leaves $349/mo cash flow. Total monthly income is $2,406/mo, and annual cash flow is $4,183/yr on $103,428 cash. Return on cash invested measures 23.95% in year one, and rental yield stands at 9.25% at a $312,000 entry. Equity gained on principal adds $2,013/yr while 5% annual appreciation compounds into $86,200 by year five. Five-year ROI records 125.07% and total cumulative return in cash reaches $129,359. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,406/mo property income versus a $1,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1926

5,227 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