6025 Port View Dr SE, Grand Rapids, MI, 49512 | $974/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 6025 Port View Dr SE, Grand Rapids, MI, 49512 priced at $317,500 converts $3,318/mo rent into $974/mo cash flow after a $1,554/mo obligation. Total monthly income equals $3,318/mo, and annual cash flow totals $11,691/yr on $105,251 invested. Return on cash invested prints 31.02% in year one, and rental yield reads 12.54% against a $317,500 entry. Equity gained on principal adds $2,049/yr, while 5% annual appreciation compiles into $87,719 by year five. Five-year ROI reaches 163.99% and total cumulative return in cash sums $172,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,318/mo property income covering a $1,554/mo payment, not borrower’s personal income.

Condo

Built in 2022

N/A lot

$N/A/sqft

$250 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,146 (100%)
Owner Occupied HU	4,073 (44.5%)
Renter Occupied HU	4,640 (50.7%)
Vacant Housing Units	433 ( 4.7%)
Median Home Value	$320,719
Average Home Value	$334,005