4067 Summit View Dr NE, Grand Rapids, MI, 49525 | $2,169/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2648 sft

5630 Far Hill Dr SE, Grand Rapids, MI, 49546

4 Bed
3 Bath
2101 sft

5949 Valley Point Dr SE, Caledonia, MI, 49316

4 Bed
3 Bath
2393 sft

10550 Algoma Ave NE, Rockford, MI, 49341

4 Bed
3 Bath
1620 sft

342 Hampton Ave SE, Grand Rapids, MI, 49506

Nearby investment properties with comparable prices

Investment Property+ 2 more

3 Bed
- Bath
- sft

3891 56th St SW, Wyoming, MI, 49418

2 Bed
1 Bath
1236 sft

6084 Crystal Dr, Allendale, MI, 49401

2 Bed
1 Bath
938 sft

4918 40th Ave, Hudsonville, MI, 49426

4 Bed
1 Bath
1130 sft

1221 Garfield Ave NW, Grand Rapids, MI, 49504

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Grand Rapids at 4067 Summit View Dr NE, Grand Rapids, MI, 49525 listed at $310,000 pairs $4,213/mo rent with a $1,517/mo payment to leave $2,169/mo cash flow. Total monthly income runs $4,213/mo, and annual cash flow reaches $26,028/yr on $102,765 cash to close. Return on cash invested measures 45.24% in year one, and rental yield registers 16.31% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 239.18% and total cumulative return in cash totals $245,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,213/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1983

0.39 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49525, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,066 (100%)
Owner Occupied HU	9,697 (74.2%)
Renter Occupied HU	2,961 (22.7%)
Vacant Housing Units	408 ( 3.1%)
Median Home Value	$372,431
Average Home Value	$442,492