2336 Granite St SE, Grand Rapids, MI, 49508 | $387/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

Investment property for sale in Grand Rapids at 2336 Granite St SE, Grand Rapids, MI, 49508 uses $125,970 cash to close to unlock $4,640/yr annual cash flow and $387/mo monthly cash flow. Total monthly income runs $2,926/mo, and a $1,860/mo payment keeps the spread at $387/mo. Purchase price stands at $380,000, and rental yield measures 9.24% with $2,926/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash records $155,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $1,860/mo payment rather than investor’s personal income.

Single Family

Built in 2001

10,018 sqft lot

$N/A/sqft

$400 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,271 (100%)
Owner Occupied HU	10,323 (63.4%)
Renter Occupied HU	5,488 (33.7%)
Vacant Housing Units	460 ( 2.8%)
Median Home Value	$292,420
Average Home Value	$312,786