2462 Highridge Ln SE, Grand Rapids, MI, 49546 | $179/mo Cash Flow

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 2462 Highridge Ln SE, Grand Rapids, MI, 49546 listed at $497,500 pairs $3,460/mo rent with a $2,435/mo payment to leave $179/mo cash flow. Total monthly income runs $3,460/mo, and annual cash flow reaches $2,151/yr on $164,921 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 8.35% at a $497,500 basis. Equity gained on principal adds $3,210/yr, and annual property appreciation at 5% supports $137,450 by year five. Five-year ROI tracks 110.37% and total cumulative return in cash totals $182,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,460/mo property income relative to a $2,435/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA