2641 Chatham Woods Dr SE, Grand Rapids, MI, 49546 | $499/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 2641 Chatham Woods Dr SE, Grand Rapids, MI, 49546 earns $499/mo cash flow from $2,077/mo rent with a $923/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $5,983/yr on $62,488 capital. ROI tracks 29.48% on current figures, and rental yield reads 13.22% at a $188,500 purchase. Equity gained on principal adds $1,216/yr, and 5% annual appreciation supports $52,079 over five years. Five-year ROI reaches 157.08% and total cumulative return in cash sums $98,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

$335 monthly HOA