5884-86 Crestmoor Dr SE,Grand Rapids,MI,49508

Investment Highlights

Investment property for sale in Grand Rapids at 5884-86 Crestmoor Dr SE, Grand Rapids, MI, 49508 listed at $380,300 pairs $3,420/mo rent with a $1,861/mo payment to leave $912/mo cash flow. Total monthly income runs $3,420/mo, and annual cash flow reaches $10,950/yr on $126,069 cash to close. Return on cash invested measures 28.59% in year one, and rental yield registers 10.79% at a $380,300 basis. Equity gained on principal adds $2,454/yr, and annual property appreciation at 5% supports $105,070 by year five. Five-year ROI tracks 149.97% and total cumulative return in cash totals $189,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,420/mo property income relative to a $1,861/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).