50 Gold Ave SW, Grand Rapids, MI, 49504 | $426/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grand Rapids at 50 Gold Ave SW, Grand Rapids, MI, 49504 priced at $249,900 pairs $2,074/mo rent with $426/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,074/mo, and annual cash flow comes to $5,114/yr on $82,842 invested. Return on cash invested is 26.08% in year one, and rental yield stands at 9.96% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 136.53% and total cumulative return in cash reaches $113,102. For financing, Ziffy Mortgage’s DSCR program evaluates $2,074/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1880

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959