506 Clayton Ave NWGrand RapidsMI49534








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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
Investment property for sale in Grand Rapids at 506 Clayton Ave NW, Grand Rapids, MI, 49534 offers a 8.57% rental yield on a $289,000 purchase with $2,064/mo rent. Total monthly income registers $2,064/mo, and a $1,415/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,892/yr on $95,804 to close, and return on cash invested stands at 21.88% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 113.96% and total cumulative return in cash at $109,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Brian Bartholomew • RE/MAX of Grand Rapids (FH)
Mls Name: MichRIC
Mls ID: #25040859








