591 Fairway Dr NW, Grand Rapids, MI, 49534 | $475/mo Cash Flow

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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 591 Fairway Dr NW, Grand Rapids, MI, 49534 offers $2,321/mo rent that, after a $1,370/mo payment, leaves $475/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $5,700/yr on $92,820 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.95% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 136.27% and total cumulative return in cash reaches $126,489. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

8,712 sqft lot

$N/A/sqft

No HOA