516 Marietta St NE, Grand Rapids, MI, 49505 | $379/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1736 sft

477 Houseman Ave NE, Grand Rapids, MI, 49503

2 Bed
2 Bath
1824 sft

6754 Waterview Dr SW, Grandville, MI, 49418

3 Bed
4 Bath
1593 sft

6249 Acropolis Dr SE, Grand Rapids, MI, 49546

3 Bed
1 Bath
972 sft

3235 Gladiola Ave SW, Wyoming, MI, 49519

Nearby investment properties with comparable prices

3 Bed
1 Bath
1309 sft

3597 Walker Ave NW, Grand Rapids, MI, 49544

2 Bed
1 Bath
844 sft

3819 Loraine Ave SW, Wyoming, MI, 49548

3 Bed
2 Bath
1274 sft

169 Linda St NE, Cedar Springs, MI, 49319

3 Bed
1 Bath
1144 sft

41 Grove St NE, Grand Rapids, MI, 49505

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Grand Rapids at 516 Marietta St NE, Grand Rapids, MI, 49505 offers $2,094/mo rent that, after a $1,273/mo payment, leaves $379/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $4,548/yr on $86,190 cash. Return on cash invested measures 25.19% in year one, and rental yield stands at 9.66% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 131.66% and total cumulative return in cash reaches $113,477. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1929

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49505, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,709 (100%)
Owner Occupied HU	9,483 (64.5%)
Renter Occupied HU	4,578 (31.1%)
Vacant Housing Units	648 ( 4.4%)
Median Home Value	$281,170
Average Home Value	$311,704