32 Campau Cir NW #2703, Grand Rapids, MI, 49503 | $148/mo Cash Flow

Off market

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 32 Campau Cir NW #2703, Grand Rapids, MI, 49503 offers a 8.26% rental yield on a $517,700 purchase with $3,562/mo rent. Total monthly income registers $3,562/mo, and a $2,534/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,775/yr on $170,323 to close, and return on cash invested stands at 21.1% in year one. Equity gained on principal adds $3,341/yr while 5% annual appreciation supports $143,031 over five years. Portfolio math shows five-year ROI at 109.74% and total cumulative return in cash at $186,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,562/mo property income against a $2,534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1990

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49503, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,238 (100%)
Owner Occupied HU	7,149 (35.3%)
Renter Occupied HU	11,464 (56.6%)
Vacant Housing Units	1,625 ( 8.0%)
Median Home Value	$281,804
Average Home Value	$332,147