2627 Berwyck Rd SE, East Grand Rapids, MI, 49506 | $2,192/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

Rental property for sale in East Grand Rapids at 2627 Berwyck Rd SE, East Grand Rapids, MI, 49506 generates $7,764/mo in rent and, after a $4,136/mo payment, leaves $2,192/mo in cash flow. Total monthly income is $7,764/mo, and annual cash flow is $26,298/yr on $278,005 invested. Return on cash invested sits at 29.52% in year one, and rental yield is 11.03% on a $845,000 entry. Equity gained on principal adds $5,453/yr, while 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 154.88% and total cumulative return in cash sums $430,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,764/mo property income rather than buyer’s personal income.

Single Family

Built in 1965

0.30 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49506, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,282 (100%)
Owner Occupied HU	9,333 (70.3%)
Renter Occupied HU	3,352 (25.2%)
Vacant Housing Units	597 ( 4.5%)
Median Home Value	$381,078
Average Home Value	$459,706