323 Baynton Ave NE, Grand Rapids, MI, 49503 | $284/mo Cash Flow

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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

Rental property for sale in Grand Rapids at 323 Baynton Ave NE, Grand Rapids, MI, 49503 priced at $425,000 pairs $3,086/mo rent with $284/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,086/mo, and annual cash flow comes to $3,402/yr on $140,888 invested. Return on cash invested is 22.32% in year one, and rental yield stands at 8.71% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 116.33% and total cumulative return in cash reaches $163,901. For financing, Ziffy Mortgage’s DSCR program evaluates $3,086/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1948

6,098 sqft 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