3597 Walker Ave NWGrand RapidsMI49544
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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
Investment Highlights
Investment property for sale in Grand Rapids at 3597 Walker Ave NW, Grand Rapids, MI, 49544 earns $133/mo cash flow from $1,591/mo rent with a $1,082/mo payment. Total monthly income totals $1,591/mo, and annual cash flow totals $1,600/yr on $73,262 capital. ROI tracks 22.09% on current figures, and rental yield reads 8.64% at a $221,000 purchase. Equity gained on principal adds $1,426/yr, and 5% annual appreciation supports $61,058 over five years. Five-year ROI reaches 115.13% and total cumulative return in cash sums $84,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,591/mo property income instead of your personal income.
Single Family
Built in 1932
0.65 Acres lot
$N/A/sqft
No 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
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Listed by: Robert L Brown • Bellabay Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25009834
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.