2968 Overlook Summit Dr SE, Grand Rapids, MI, 49546 | 4.69% 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 2968 Overlook Summit Dr SE, Grand Rapids, MI, 49546 listed at $699,000 pairs $2,732/mo rent with a $3,421/mo payment. Total monthly income runs $2,732/mo. Return on cash invested measures 10.26% in year one, and rental yield registers 4.69% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 51.63% and total cumulative return in cash totals $118,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,732/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1999

9,583 sqft lot

$N/A/sqft

No HOA