215 Gehl AveGrand RapidsMI49534
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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
Investment Highlights
Investment property for sale in Grand Rapids at 215 Gehl Ave, Grand Rapids, MI, 49534 at $699,500 posts ROI 6.84% with from $2,077/mo rent. Total monthly income equals $2,077/mo. Return on cash invested measures 6.84% and rental yield reads 3.56% at the current $699,500. Equity gained on principal adds $4,514/yr, and 5% annual appreciation supports $193,259 by year five. Five-year ROI prints 33.24% and total cumulative return in cash totals $76,491. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ingrid C Anastasiu • Keller Williams GR East
Mls Name: MichRIC
Mls ID: #26003548