539 Overbrook Ln SEGrand RapidsMI49507
Nearby investment properties with comparable rents
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 539 Overbrook Ln SE, Grand Rapids, MI, 49507 earns from $3,606/mo rent with a $3,744/mo payment. Total monthly income totals $3,606/mo. ROI tracks 13.2% on current figures, and rental yield reads 5.66% at a $764,900 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,328 over five years. Five-year ROI reaches 67.38% and total cumulative return in cash sums $169,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,606/mo property income instead of your personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,654 (100%) |
| Owner Occupied HU | 8,476 (62.1%) |
| Renter Occupied HU | 4,606 (33.7%) |
| Vacant Housing Units | 572 ( 4.2%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,171 |
Housing Distribution
Address Breakdown
Residential
12,903
Single Family
12,159
Multi-Family
744
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Grasmeyer • Keystone Home Group Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25030660
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.