583 Kingsbury St NW, Grand Rapids, MI, 49544 | $61/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grand Rapids at 583 Kingsbury St NW, Grand Rapids, MI, 49544 priced at $420,000 pairs $2,831/mo rent with $61/mo cash flow after a $2,056/mo payment. Total monthly income equals $2,831/mo, and annual cash flow comes to $732/yr on $139,230 invested. Return on cash invested is 20.43% in year one, and rental yield stands at 8.09% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 106.19% and total cumulative return in cash reaches $147,847. For financing, Ziffy Mortgage’s DSCR program evaluates $2,831/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1964

0.36 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49544, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,014 (100%)
Owner Occupied HU	2,165 (53.9%)
Renter Occupied HU	1,749 (43.6%)
Vacant Housing Units	100 ( 2.5%)
Median Home Value	$275,189
Average Home Value	$287,192