60 Westmont Dr NW, Grand Rapids, MI, 49504 | $967/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

Investment property for sale in Grand Rapids at 60 Westmont Dr NW, Grand Rapids, MI, 49504 uses $132,567 cash to close to unlock $11,606/yr annual cash flow and $967/mo monthly cash flow. Total monthly income runs $3,604/mo, and a $1,957/mo payment keeps the spread at $967/mo. Purchase price stands at $399,900, and rental yield measures 10.81% with $3,604/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 150.35% and total cumulative return in cash records $199,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,604/mo property income covering a $1,957/mo payment rather than investor’s personal income.

Single Family

Built in 1965

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959