2559 Alger St SE, Grand Rapids, MI, 49546 | 5.78% Rental Yield

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 2559 Alger St SE, Grand Rapids, MI, 49546 priced at $999,000 pairs $4,811/mo rent with after a $4,890/mo payment. Total monthly income equals $4,811/mo. Return on cash invested is 13.57% in year one, and rental yield stands at 5.78% on a $999,000 basis. Equity gained on principal adds $6,446/yr, and 5% annual appreciation accumulates to $276,005 by year five. Five-year ROI measures 69.36% and total cumulative return in cash reaches $227,954. For financing, Ziffy Mortgage’s DSCR program evaluates $4,811/mo property income against a $4,890/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1968

0.36 Acres lot

$N/A/sqft

No HOA