2563 Chatham Woods Dr SE #17, Grand Rapids, MI, 49546 | $517/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 2563 Chatham Woods Dr SE #17, Grand Rapids, MI, 49546 earns $517/mo cash flow from $2,170/mo rent with a $930/mo payment. Total monthly income totals $2,170/mo, and annual cash flow totals $6,204/yr on $62,985 capital. ROI tracks 29.76% on current figures, and rental yield reads 13.71% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 158.95% and total cumulative return in cash sums $100,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

$400 monthly HOA