333 Robey Pl SE, Grand Rapids, MI, 49506 | $194/mo Cash Flow

For Sale

Rental Income

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 333 Robey Pl SE, Grand Rapids, MI, 49506 offers a 9.14% rental yield on a $189,900 purchase with $1,446/mo rent. Total monthly income registers $1,446/mo, and a $929/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,330/yr on $62,952 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 123.28% and total cumulative return in cash at $77,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,446/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

2,613 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49506, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,282 (100%)
Owner Occupied HU	9,333 (70.3%)
Renter Occupied HU	3,352 (25.2%)
Vacant Housing Units	597 ( 4.5%)
Median Home Value	$381,078
Average Home Value	$459,706