6352 Greenway Dr SE, Grand Rapids, MI, 49546 | $18/mo Cash Flow

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 6352 Greenway Dr SE, Grand Rapids, MI, 49546 earns $18/mo cash flow from $2,359/mo rent with a $1,738/mo payment. Total monthly income totals $2,359/mo, and annual cash flow totals $210/yr on $117,683 capital. ROI tracks 20.09% on current figures, and rental yield reads 7.97% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 104.34% and total cumulative return in cash sums $122,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA