331 Rolling Greene Dr NWGrand RapidsMI49534
INVESTMENT ANALYSIS
Investment Verdict
Solid Income331 Rolling Greene Dr NW, Grand Rapids, MI, 49534 in Grand Rapids carries a 1.71 coverage ratio, rent of $1,656/mo is 1.71 times the $967/mo payment. Rental yield 9.24%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $215,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $59,401; total projected cumulative return: $74,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $(137) | $850 |
City averages based on Grand Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,656 |
| Total Monthly Debt Service | $1,707 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
$375 monthly HOA
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$375 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shaune VanDyke • Five Star Real Estate (Rock)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25042715
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.