5640 Kraft Ave SE, Grand Rapids, MI, 49512 | $705/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1538 sft

7028 Springtree Ln SW, Grand Rapids, MI, 49548

3 Bed
1 Bath
977 sft

345 Mayfield Ave NE, Grand Rapids, MI, 49503

3 Bed
3 Bath
1501 sft

1129 Griswold St SE, Grand Rapids, MI, 49507

3 Bed
2 Bath
1782 sft

2720 Wonderland Dr, Wayland, MI, 49348

Nearby investment properties with comparable prices

3 Bed
1 Bath
1216 sft

4476 Miramar Ave NE, Grand Rapids, MI, 49525

5 Bed
2 Bath
1280 sft

4314 Fuller Ave SE, Grand Rapids, MI, 49508

2 Bed
2 Bath
1388 sft

6971 W Rain Garden Ln NE, Rockford, MI, 49341

3 Bed
2 Bath
825 sft

3744 Colby Ave SW, Wyoming, MI, 49509

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

Investment property for sale in Grand Rapids at 5640 Kraft Ave SE, Grand Rapids, MI, 49512 listed at $329,900 pairs $2,881/mo rent with a $1,615/mo payment to leave $705/mo cash flow. Total monthly income runs $2,881/mo, and annual cash flow reaches $8,462/yr on $109,362 cash to close. Return on cash invested measures 27.65% in year one, and rental yield registers 10.48% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 144.9% and total cumulative return in cash totals $158,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,881/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1974

0.60 Acres lot

$N/A/sqft

No 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