597 Forest Hill Ave SE, Grand Rapids, MI, 49546 | 7.87% Rental Yield

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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 597 Forest Hill Ave SE, Grand Rapids, MI, 49546 generates $2,459/mo in rent, after a $1,835/mo payment. Total monthly income is $2,459/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 7.87% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 102.68% and total cumulative return in cash sums $127,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,459/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

1,742 sqft lot

$N/A/sqft

No HOA