335 Bridge St NW APT 907, Grand Rapids, MI, 49504 | $426/mo Cash Flow

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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 335 Bridge St NW APT 907, Grand Rapids, MI, 49504 offers a 11.03% rental yield on a $529,900 purchase with $4,871/mo rent. Total monthly income registers $4,871/mo, and a $2,594/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,114/yr on $174,337 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $3,419/yr while 5% annual appreciation supports $146,402 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $213,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,871/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2009

N/A lot

$N/A/sqft

$950 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959