2702 Mulford Dr SE, Grand Rapids, MI, 49546 | $388/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 2702 Mulford Dr SE, Grand Rapids, MI, 49546 uses $105,749 cash to close to unlock $4,652/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $2,832/mo, and a $1,561/mo payment keeps the spread at $388/mo. Purchase price stands at $319,000, and rental yield measures 10.65% with $2,832/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 128.38% and total cumulative return in cash records $135,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $1,561/mo payment rather than investor’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

$341 monthly HOA