2242 Christine Ct SEGrand RapidsMI49546
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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 2242 Christine Ct SE, Grand Rapids, MI, 49546 offers a 9.88% rental yield on a $499,000 purchase with $4,109/mo rent. Total monthly income registers $4,109/mo, and a $2,442/mo payment leaves $734/mo available for distribution. Annual cash flow reaches $8,804/yr on $165,419 to close, and return on cash invested stands at 25.23% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 132.14% and total cumulative return in cash at $218,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,109/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
10,018 sqft lot
$N/A/sqft
$85 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Puneet Kaur • Full Circle Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25040330
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.