5669 Watermark Ct SEGrand RapidsMI49546








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
Rental property for sale in Grand Rapids at 5669 Watermark Ct SE, Grand Rapids, MI, 49546 priced at $1,350,000 pairs $4,954/mo rent with after a $6,608/mo payment. Total monthly income equals $4,954/mo. Return on cash invested is 9.41% in year one, and rental yield stands at 4.4% on a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and 5% annual appreciation accumulates to $372,980 by year five. Five-year ROI measures 47.04% and total cumulative return in cash reaches $205,757. For financing, Ziffy Mortgage’s DSCR program evaluates $4,954/mo property income against a $6,608/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.45 Acres lot
$N/A/sqft
$272 semi-annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Kyle Visser • ReSIDE Grand Rapids
Mls Name: MichRIC
Mls Provider:
Mls ID: #25015497
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








