648 Sinclair Ave NE, Grand Rapids, MI, 49503 | $484/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1260 sft

3151 Poplar Creek Dr SE UNIT 304, Kentwood, MI, 49512

3 Bed
2 Bath
1774 sft

1724 Martin Ave SE, Grand Rapids, MI, 49507

3 Bed
1 Bath
1668 sft

4042 Hillsdale Ave NE, Grand Rapids, MI, 49525

3 Bed
2 Bath
950 sft

248 Bradford St NE, Grand Rapids, MI, 49503

Nearby investment properties with comparable prices

3 Bed
2 Bath
1680 sft

11975 Northland Dr, Cedar Springs, MI, 49319

4 Bed
3 Bath
2180 sft

11654 Sundrop Cir, Allendale, MI, 49401

2 Bed
1 Bath
870 sft

914 Andover Ct SE #10, Kentwood, MI, 49508

4 Bed
2 Bath
1238 sft

631 Watkins St SE, Grand Rapids, MI, 49507

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Grand Rapids at 648 Sinclair Ave NE, Grand Rapids, MI, 49503 priced at $199,900 pairs $1,802/mo rent with $484/mo cash flow after a $978/mo payment. Total monthly income equals $1,802/mo, and annual cash flow comes to $5,810/yr on $66,267 invested. Return on cash invested is 28.68% in year one, and rental yield stands at 10.82% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 150.45% and total cumulative return in cash reaches $99,697. For financing, Ziffy Mortgage’s DSCR program evaluates $1,802/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1890

3,920 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49503, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,238 (100%)
Owner Occupied HU	7,149 (35.3%)
Renter Occupied HU	11,464 (56.6%)
Vacant Housing Units	1,625 ( 8.0%)
Median Home Value	$281,804
Average Home Value	$332,147