6324 Lamppost Cir #10, Grand Rapids, MI, 49546 | 4.62% 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 $4,428/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 4.62% with $4,428/mo rent. Return on cash invested shows 8.35% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 41.99% and total cumulative return in cash records $156,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,428/mo property income covering a $5,629/mo payment rather than investor’s personal income.

Condo

Built in 2022

N/A lot

$N/A/sqft

$575 monthly HOA