497 Barkwood Ct NW,Grand Rapids,MI,49534

Investment Highlights

Investment property for sale in Grand Rapids at 497 Barkwood Ct NW, Grand Rapids, MI, 49534 offers a 11.92% rental yield on a $200,000 purchase with $1,986/mo rent. Total monthly income registers $1,986/mo, and a $979/mo payment leaves $667/mo available for distribution. Annual cash flow reaches $8,004/yr on $66,300 to close, and return on cash invested stands at 31.98% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 168.1% and total cumulative return in cash at $111,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,986/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.