3391 English Hills Dr NWGrand RapidsMI49544
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.65 makes 3391 English Hills Dr NW, Grand Rapids, MI, 49544 in Grand Rapids one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.16%. The 8.16% yield, 5% annual appreciation ($88,410 over five years), and $2,947/yr in principal reduction project a total cumulative return of $115,424.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.8% |
| Monthly Cash Flow | $(324) | $850 |
City averages based on Grand Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $2,378 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1989
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49544, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,165 (53.9%) |
| Renter Occupied HU | 1,749 (43.6%) |
| Vacant Housing Units | 100 ( 2.5%) |
| Median Home Value | $275,189 |
| Average Home Value | $287,192 |
Housing Distribution
Address Breakdown
Residential
4,003
Single Family
3,350
Multi-Family
653
Businesses
574
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 1989
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49544, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,165 (53.9%) |
| Renter Occupied HU | 1,749 (43.6%) |
| Vacant Housing Units | 100 ( 2.5%) |
| Median Home Value | $275,189 |
| Average Home Value | $287,192 |
Housing Distribution
Address Breakdown
Residential
4,003
Single Family
3,350
Multi-Family
653
Businesses
574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill M Rothwell • Michigan Top Producers
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041109
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.