3312 Thornapple River Dr SE, Grand Rapids, MI, 49546 | $623/mo Cash Flow

For Sale

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 3312 Thornapple River Dr SE, Grand Rapids, MI, 49546 earns $623/mo cash flow from $3,920/mo rent with a $2,447/mo payment. Total monthly income totals $3,920/mo, and annual cash flow totals $7,478/yr on $165,717 capital. ROI tracks 24.42% on current figures, and rental yield reads 9.41% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 127.58% and total cumulative return in cash sums $211,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,920/mo property income instead of your personal income.

Single Family

Built in 1963

1.90 Acres lot

$N/A/sqft

No HOA