616 Westway Dr NW, Grand Rapids, MI, 49534 | 7.4% Rental Yield

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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

Total monthly income runs $2,054/mo, and a $1,630/mo payment. Purchase price stands at $333,000, and rental yield measures 7.4% with $2,054/mo rent. Return on cash invested shows 18.36% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 95.08% and total cumulative return in cash records $104,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,054/mo property income covering a $1,630/mo payment rather than investor’s personal income.

Single Family

Built in 1962

1,306 sqft lot

$N/A/sqft

No HOA