604 Enclave Ct SE, Grand Rapids, MI, 49546 | $81/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
4 Bath
2650 sft

2234 Beatrice Dr NE, Grand Rapids, MI, 49505

5 Bed
4 Bath
2659 sft

2599 Ridge Top Dr SW, Byron Center, MI, 49315

4 Bed
3 Bath
2048 sft

Ashton Plan, Dutton Preserve, Caledonia, MI, 49316

3 Bed
3 Bath
2034 sft

573 Highlander Dr NE, Rockford, MI, 49341

Nearby investment properties with comparable prices

$ 476,100

ROI

Cash Flow/m

- Bed
- Bath
- sft

Postern Dr #8YJGRJ, Caledonia, MI, 49316

4 Bed
3 Bath
2312 sft

Springdew Drive Off Marybeth Ln #LP4K5F, Hudsonville, MI, 49426

4 Bed
3 Bath
1850 sft

The Amber Plan, Cooks Crossing, Byron Center, MI, 49315

3 Bed
3 Bath
1802 sft

The Stafford Plan, Walnut Ridge, Byron Center, MI, 49315

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Grand Rapids at 604 Enclave Ct SE, Grand Rapids, MI, 49546 offers $4,224/mo rent that, after a $2,741/mo payment, leaves $81/mo cash flow. Total monthly income is $4,224/mo, and annual cash flow is $972/yr on $184,240 cash. Return on cash invested measures 20.59% in year one, and rental yield stands at 9.05% at a $560,000 entry. Equity gained on principal adds $3,614/yr while 5% annual appreciation compounds into $154,718 by year five. Five-year ROI records 108.04% and total cumulative return in cash reaches $199,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,224/mo property income versus a $2,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 2014

N/A lot

$N/A/sqft

$450 monthly HOA