3133 Amon Ave NEGrand RapidsMI49525








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Nearby investment properties with comparable prices

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
Rental property for sale in Grand Rapids at 3133 Amon Ave NE, Grand Rapids, MI, 49525 priced at $365,000 pairs $2,724/mo rent with $318/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,724/mo, and annual cash flow comes to $3,810/yr on $120,998 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 8.96% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 120.27% and total cumulative return in cash reaches $145,519. For financing, Ziffy Mortgage’s DSCR program evaluates $2,724/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
8,712 sqft 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 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
10,985
Multi-Family
1,800
Businesses
1,068
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Nearby investment properties with comparable prices



Listed by: Brian Deyoung • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25000970
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.







