3305 Thorncrest Dr SE, Grand Rapids, MI, 49546 | $182/mo Cash Flow

Recently Sold

Fix & Flip

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 3305 Thorncrest Dr SE, Grand Rapids, MI, 49546 uses $163,430 cash to close to unlock $2,183/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $3,433/mo, and a $2,413/mo payment keeps the spread at $182/mo. Purchase price stands at $493,000, and rental yield measures 8.36% with $3,433/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $136,207 over five years. Five-year ROI reaches 110.52% and total cumulative return in cash records $180,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,433/mo property income covering a $2,413/mo payment rather than investor’s personal income.

Single Family

Built in 1972

0.46 Acres lot

$N/A/sqft

No HOA