3201 Marshall Ave SEGrand RapidsMI49508
Nearby investment properties with comparable rents
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
Total monthly income runs $1,945/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 3.76% with $1,945/mo rent. Return on cash invested shows 7.45% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 36.51% and total cumulative return in cash records $74,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Multi Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javier Rodriguez • Lake Michigan Realty Mgmt
Mls Name: MichRIC
Mls Provider:
Mls ID: #25037907
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.