4221 Knapp St NEGrand RapidsMI49525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4221 Knapp St NE, Grand Rapids, MI, 49525 offers $4,123/mo rent that, after a $3,328/mo payment. Total monthly income is $4,123/mo. Return on cash invested measures 18.12% in year one, and rental yield stands at 7.28% at a $679,900 entry. Equity gained on principal adds $4,387/yr while 5% annual appreciation compounds into $187,844 by year five. Five-year ROI records 93.79% and total cumulative return in cash reaches $209,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,123/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.09 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 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
10,985
Multi-Family
1,800
Businesses
1,068
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Listed by: Jeff Kermath • Kermath Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24063339
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.