4575 Coneflower Ct SEGrand RapidsMI49512
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 4575 Coneflower Ct SE, Grand Rapids, MI, 49512 offers $2,700/mo rent that, after a $2,188/mo payment. Total monthly income is $2,700/mo. Return on cash invested measures 17.9% in year one, and rental yield stands at 7.25% at a $446,940 entry. Equity gained on principal adds $2,884/yr while 5% annual appreciation compounds into $123,481 by year five. Five-year ROI records 92.64% and total cumulative return in cash reaches $137,249. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $2,188/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 4,073 (44.5%) |
| Renter Occupied HU | 4,640 (50.7%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $320,719 |
| Average Home Value | $334,005 |
Housing Distribution
Address Breakdown
Residential
8,547
Single Family
4,842
Multi-Family
3,705
Businesses
1,603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Bosgraaf Homes
Mls Name: Bosgraaf Homes
Mls Provider:
Mls ID: #N/A