2486 Falcon Pointe Dr NW, Grand Rapids, MI, 49534 | $68/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

Rental property for sale in Grand Rapids at 2486 Falcon Pointe Dr NW, Grand Rapids, MI, 49534 generates $1,980/mo in rent and, after a $1,419/mo payment, leaves $68/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $818/yr on $96,102 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 8.2% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash sums $103,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA