2557 Highridge Ln SEGrand RapidsMI49546








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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 2557 Highridge Ln SE, Grand Rapids, MI, 49546 offers a 9.06% rental yield on a $449,000 purchase with $3,390/mo rent. Total monthly income registers $3,390/mo, and a $2,198/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $872/yr on $148,844 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 107.56% and total cumulative return in cash at $160,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,390/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$356 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Debra D Grygiel • Anchor Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045991
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








