2630 Chatham Woods Dr SE, Grand Rapids, MI, 49546 | $26/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1056 sft

110 E Sycamore St, Wayland, MI, 49348

2 Bed
2 Bath
1244 sft

5805 Leisure South Dr SE #147, Grand Rapids, MI, 49548

4 Bed
2 Bath
- sft

828 Nagold St NW, Grand Rapids, MI, 49504

2 Bed
1 Bath
832 sft

1442 W State St, Belding, MI, 48809

Nearby investment properties with comparable prices

3 Bed
2 Bath
1163 sft

656 Delaware St SE, Grand Rapids, MI, 49507

4 Bed
1 Bath
1049 sft

1247 Rathbone St SW, Wyoming, MI, 49509

- Bed
- Bath
- sft

11620 Bailey Dr NE, Lowell, MI, 49331

- Bed
- Bath
- sft

11610 Bailey Dr NE, Lowell, MI, 49331

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Grand Rapids at 2630 Chatham Woods Dr SE, Grand Rapids, MI, 49546 earns $26/mo cash flow from $1,509/mo rent with a $1,101/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $306/yr on $74,588 capital. ROI tracks 20.32% on current figures, and rental yield reads 8.05% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 105.6% and total cumulative return in cash sums $78,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.

Condo

Built in 1974

7.47 Acres lot

$N/A/sqft

No HOA