275 Shoreside North Dr SE, Grand Rapids, MI, 49548 | 8.07% Rental Yield

For Sale

Ziffy Mortgage

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 275 Shoreside North Dr SE, Grand Rapids, MI, 49548 listed at $329,000 pairs $2,212/mo rent with a $1,610/mo payment. Total monthly income runs $2,212/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 8.07% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 90.76% and total cumulative return in cash totals $98,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,212/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2004

N/A lot

$N/A/sqft

$275 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49548, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,625 (100%)
Owner Occupied HU	9,662 (70.9%)
Renter Occupied HU	3,618 (26.6%)
Vacant Housing Units	345 ( 2.5%)
Median Home Value	$202,210
Average Home Value	$248,548