4126 E Saxony Dr SE #65Grand RapidsMI49508
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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 4126 E Saxony Dr SE #65, Grand Rapids, MI, 49508 earns $400/mo cash flow from $2,203/mo rent with a $1,101/mo payment. Total monthly income totals $2,203/mo, and annual cash flow totals $4,794/yr on $74,588 capital. ROI tracks 26.34% on current figures, and rental yield reads 11.75% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 139.74% and total cumulative return in cash sums $104,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
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Listed by: Pamela S Merriman • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24058648
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.