3861 Woodstream Dr SWGrand RapidsMI49534
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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
Rental property for sale in Grand Rapids at 3861 Woodstream Dr SW, Grand Rapids, MI, 49534 priced at $990,000 converts $4,621/mo rent into after a $4,846/mo obligation. Total monthly income equals $4,621/mo. Return on cash invested prints 12.63% in year one, and rental yield reads 5.6% against a $990,000 entry. Equity gained on principal adds $6,388/yr, while 5% annual appreciation compiles into $273,519 by year five. Five-year ROI reaches 64.46% and total cumulative return in cash sums $209,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,621/mo property income covering a $4,846/mo payment, not borrower’s personal income.
Single Family
Built in 2014
1 Acres lot
$N/A/sqft
$650 semi-annually HOA
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Nearby investment properties with comparable prices
Listed by: Kenneth E Smith • Homestead Realty of W Michigan
Mls Name: MichRIC
Mls Provider:
Mls ID: #25015069
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.