3286 College Ave NE, Grand Rapids, MI, 49525 | $717/mo Cash Flow

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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 3286 College Ave NE, Grand Rapids, MI, 49525 offers a 12.59% rental yield on a $184,000 purchase with $1,931/mo rent. Total monthly income registers $1,931/mo, and a $901/mo payment leaves $717/mo available for distribution. Annual cash flow reaches $8,606/yr on $60,996 to close, and return on cash invested stands at 34.02% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 179.13% and total cumulative return in cash at $109,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,931/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1977

5,662 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