2279 Lake Michigan Dr NW, Grand Rapids, MI, 49534 | 7.36% Rental Yield

For Sale

Ziffy Mortgage

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

Investment property for sale in Grand Rapids at 2279 Lake Michigan Dr NW, Grand Rapids, MI, 49534 listed at $359,900 pairs $2,207/mo rent with a $1,762/mo payment. Total monthly income runs $2,207/mo. Return on cash invested measures 18.23% in year one, and rental yield registers 7.36% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 94.41% and total cumulative return in cash totals $112,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,207/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

3.55 Acres lot

$N/A/sqft

No HOA