2510 Four Mile Rd NWGrand RapidsMI49544








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Nearby investment properties with comparable prices

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


Investment Highlights
Investment property for sale in Grand Rapids at 2510 Four Mile Rd NW, Grand Rapids, MI, 49544 offers a 7.92% rental yield on a $475,000 purchase with $3,134/mo rent. Total monthly income registers $3,134/mo, and a $2,325/mo payment leaves $2/mo available for distribution. Annual cash flow reaches $18/yr on $157,463 to close, and return on cash invested stands at 19.92% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 103.44% and total cumulative return in cash at $162,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,134/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
5.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49544, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,165 (53.9%) |
| Renter Occupied HU | 1,749 (43.6%) |
| Vacant Housing Units | 100 ( 2.5%) |
| Median Home Value | $275,189 |
| Average Home Value | $287,192 |
Housing Distribution
Address Breakdown
Residential
4,003
Single Family
3,350
Multi-Family
653
Businesses
574
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Listed by: Kimberlee K Ellerbrock • Novosad Realty Partners
Mls Name: MichRIC
Mls Provider:
Mls ID: #25025824
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.







