3705 Lake Michigan Dr NW, Grand Rapids, MI, 49534 | $1,499/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

Rental property for sale in Grand Rapids at 3705 Lake Michigan Dr NW, Grand Rapids, MI, 49534 generates $2,784/mo in rent and, after a $954/mo payment, leaves $1,499/mo in cash flow. Total monthly income is $2,784/mo, and annual cash flow is $17,982/yr on $64,643 invested. Return on cash invested sits at 47.73% in year one, and rental yield is 17.13% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 252.57% and total cumulative return in cash sums $163,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,784/mo property income rather than buyer’s personal income.

Single Family

Built in 1948

0.33 Acres lot

$N/A/sqft

No HOA