4692 Knapp Bluff 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 4692 Knapp Bluff St NE, Grand Rapids, MI, 49525 offers $3,114/mo rent that, after a $4,821/mo payment. Total monthly income is $3,114/mo. Return on cash invested measures 5.85% in year one, and rental yield stands at 3.79% at a $985,000 entry. Equity gained on principal adds $6,356/yr while 5% annual appreciation compounds into $272,137 by year five. Five-year ROI records 28.55% and total cumulative return in cash reaches $92,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,114/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
$457 monthly 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: Brian J Clinger • Coldwell Banker AJS (SE)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25004499
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.