2596 Knightsbridge Rd SE #76, Grand Rapids, MI, 49546 | 9.48% Rental Yield

For Sale

Listed for sale 6 days ago

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

Total monthly income runs $2,132/mo, and a $1,321/mo payment. Purchase price stands at $269,900, and rental yield measures 9.48% with $2,132/mo rent. Return on cash invested shows 19.27% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 101.94% and total cumulative return in cash records $91,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

$400 monthly HOA