6345 Lamppost Cir #4, Grand Rapids, MI, 49546 | 6.21% Rental Yield

For Sale

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

Investment property for sale in Grand Rapids at 6345 Lamppost Cir #4, Grand Rapids, MI, 49546 listed at $935,000 pairs $4,840/mo rent with a $4,576/mo payment. Total monthly income runs $4,840/mo. Return on cash invested measures 12.94% in year one, and rental yield registers 6.21% at a $935,000 basis. Equity gained on principal adds $6,033/yr, and annual property appreciation at 5% supports $258,323 by year five. Five-year ROI tracks 66.67% and total cumulative return in cash totals $205,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,840/mo property income relative to a $4,576/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2023

N/A lot

$N/A/sqft

$500 monthly HOA