5260 Dayenu Dr SEGrand RapidsMI49512
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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
Investment Highlights
Investment property for sale in Grand Rapids at 5260 Dayenu Dr SE, Grand Rapids, MI, 49512 at $1,499,000 posts ROI 15.85% with from $8,418/mo rent. Total monthly income equals $8,418/mo. Return on cash invested measures 15.85% and rental yield reads 6.74% at the current $1,499,000. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 by year five. Five-year ROI prints 81.87% and total cumulative return in cash totals $397,629. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,418/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
1.80 Acres lot
$N/A/sqft
$4,320 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 4,073 (44.5%) |
| Renter Occupied HU | 4,640 (50.7%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $320,719 |
| Average Home Value | $334,005 |
Housing Distribution
Address Breakdown
Residential
8,547
Single Family
4,842
Multi-Family
3,705
Businesses
1,603
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Listed by: Richard C Peckover • Target Realty Group LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24020766
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.