626 Lasalle Ave NWGrand RapidsMI49534
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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
Investment Highlights
Investment property for sale in Grand Rapids at 626 Lasalle Ave NW, Grand Rapids, MI, 49534 with 5% annual appreciation on a $364,900 basis while $3,078/mo rent supports operations. Total monthly income totals $3,078/mo and a $1,786/mo payment preserves $672/mo for cash returns. Annual cash flow comes to $8,060/yr on $120,964 deployed, and return on cash invested reaches 26.57% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,815 alongside rental yield of 10.12%. Five-year ROI measures 139.11% and total cumulative return in cash totals $168,276.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,078/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brandon Gardner • Five Star Real Estate (Main)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25029162
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.