2475 Highridge Ln SE, Grand Rapids, MI, 49546 | $270/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 2475 Highridge Ln SE, Grand Rapids, MI, 49546 offers a 9.82% rental yield on a $394,000 purchase with $3,224/mo rent. Total monthly income registers $3,224/mo, and a $1,928/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,242/yr on $130,611 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $2,542/yr while 5% annual appreciation supports $108,855 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $154,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,224/mo property income against a $1,928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1997

N/A lot

$N/A/sqft

$356 monthly HOA