3055 Appleton Ct NE, Grand Rapids, MI, 49525 | $897/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1926 sft

6403 College Ave SE #SE, Grand Rapids, MI, 49548

5 Bed
3 Bath
3194 sft

402 48th St SE, Kentwood, MI, 49548

Currently Rented+ 2 more

21 Bed
12 Bath
7800 sft

116 Coleman St SE #146, Grand Rapids, MI, 49548

4 Bed
2 Bath
1808 sft

1361 Carol Dr, Hudsonville, MI, 49426

Nearby investment properties with comparable prices

3 Bed
2 Bath
1412 sft

1209 Mason St NE, Grand Rapids, MI, 49503

4 Bed
2 Bath
1660 sft

1743 Matilda St NE, Grand Rapids, MI, 49503

4 Bed
2 Bath
1500 sft

3019 Gable St SW, Grandville, MI, 49418

3 Bed
1 Bath
1628 sft

2019 Plainfield Ave NE, Grand Rapids, MI, 49505

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Grand Rapids at 3055 Appleton Ct NE, Grand Rapids, MI, 49525 uses $111,053 cash to close to unlock $10,758/yr annual cash flow and $897/mo monthly cash flow. Total monthly income runs $3,106/mo, and a $1,640/mo payment keeps the spread at $897/mo. Purchase price stands at $335,000, and rental yield measures 11.13% with $3,106/mo rent. Return on cash invested shows 29.6% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 155.34% and total cumulative return in cash records $172,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,106/mo property income covering a $1,640/mo payment rather than investor’s personal income.

Single Family

Built in 1977

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49525, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,066 (100%)
Owner Occupied HU	9,697 (74.2%)
Renter Occupied HU	2,961 (22.7%)
Vacant Housing Units	408 ( 3.1%)
Median Home Value	$372,431
Average Home Value	$442,492