3317 Paris Ave NE, Grand Rapids, MI, 49525 | $1,299/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 3317 Paris Ave NE, Grand Rapids, MI, 49525 priced at $275,000 pairs $3,112/mo rent with $1,299/mo cash flow after a $1,346/mo payment. Total monthly income equals $3,112/mo, and annual cash flow comes to $15,582/yr on $91,163 invested. Return on cash invested is 37% in year one, and rental yield stands at 13.58% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 195.05% and total cumulative return in cash reaches $177,815. For financing, Ziffy Mortgage’s DSCR program evaluates $3,112/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1935

3,484 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