6555 Waybridge Dr SE, Grand Rapids, MI, 49546 | $583/mo Cash Flow

Recently Sold

Fix & Flip

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

Rental property for sale in Grand Rapids at 6555 Waybridge Dr SE, Grand Rapids, MI, 49546 generates $3,229/mo in rent and, after a $1,530/mo payment, leaves $583/mo in cash flow. Total monthly income is $3,229/mo, and annual cash flow is $6,993/yr on $103,594 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 12.4% on a $312,500 entry. Equity gained on principal adds $2,017/yr, while 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 142.03% and total cumulative return in cash sums $147,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,229/mo property income rather than buyer’s personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

$585 monthly HOA