4624 Billmar St SWGrandvilleMI49418
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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 Grandville at 4624 Billmar St SW, Grandville, MI, 49418 listed at $389,900 pairs $2,936/mo rent with a $1,908/mo payment to leave $365/mo cash flow. Total monthly income runs $2,936/mo, and annual cash flow reaches $4,382/yr on $129,252 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 9.04% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 121.58% and total cumulative return in cash totals $157,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,936/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,599 (100%) |
| Owner Occupied HU | 9,108 (67.0%) |
| Renter Occupied HU | 3,710 (27.3%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $339,505 |
| Average Home Value | $383,744 |
Housing Distribution
Address Breakdown
Residential
13,158
Single Family
12,047
Multi-Family
1,111
Businesses
1,101
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Listed by: Randy Poll • Greenridge Realty Inc
Mls Name: MichRIC
Mls Provider:
Mls ID: #25049812
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.