6345 Lamppost Cir #4Grand RapidsMI49546
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 6345 Lamppost Cir #4, Grand Rapids, MI, 49546 in Grand Rapids aligned with their strategy. Rental yield 6.21%. DSCR 1.15 and 6.21% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $8,611/yr in paydown build toward a projected cumulative return of $240,898.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.8% |
| Monthly Cash Flow | $(1,826) | $850 |
City averages based on Grand Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,840 |
| Total Monthly Debt Service | $6,294 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A lot
$N/A/sqft
$500 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
N/A lot
$N/A/sqft
$500 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Brandstatter • Epique Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24053894
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.