2732 Newstead Ave SWWyomingMI49509
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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
Investment Highlights
Investment property for sale in Wyoming at 2732 Newstead Ave SW, Wyoming, MI, 49509 earns $817/mo cash flow from $2,874/mo rent with a $1,527/mo payment. Total monthly income totals $2,874/mo, and annual cash flow totals $9,799/yr on $103,428 capital. ROI tracks 29.38% on current figures, and rental yield reads 11.05% at a $312,000 purchase. Equity gained on principal adds $2,013/yr, and 5% annual appreciation supports $86,200 over five years. Five-year ROI reaches 154.19% and total cumulative return in cash sums $159,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,874/mo property income instead of your personal income.
Single Family
Built in 1963
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49509, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 7,689 (72.6%) |
| Renter Occupied HU | 2,668 (25.2%) |
| Vacant Housing Units | 227 ( 2.1%) |
| Median Home Value | $207,897 |
| Average Home Value | $239,716 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,829
Multi-Family
1,130
Businesses
782
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