6134 Parview Dr SE,Grand Rapids,MI,49546

Investment Highlights

Investment property for sale in Grand Rapids at 6134 Parview Dr SE, Grand Rapids, MI, 49546 offers a 8.56% rental yield on a $350,000 purchase with $2,496/mo rent. Total monthly income registers $2,496/mo, and a $1,713/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,256/yr on $116,025 to close, and return on cash invested stands at 21.85% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 113.78% and total cumulative return in cash at $132,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,496/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.