3491 Reeds Crossing Dr SE, Grand Rapids, MI, 49546 | $1,164/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 3491 Reeds Crossing Dr SE, Grand Rapids, MI, 49546 uses $165,750 cash to close to unlock $13,968/yr annual cash flow and $1,164/mo monthly cash flow. Total monthly income runs $4,866/mo, and a $2,447/mo payment keeps the spread at $1,164/mo. Purchase price stands at $500,000, and rental yield measures 11.68% with $4,866/mo rent. Return on cash invested shows 28.34% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 149.62% and total cumulative return in cash records $247,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,866/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

$405 monthly HOA