6587 Waybridge Dr SE, Grand Rapids, MI, 49546 | $37/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 6587 Waybridge Dr SE, Grand Rapids, MI, 49546 uses $124,313 cash to close to unlock $438/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,509/mo, and a $1,835/mo payment keeps the spread at $37/mo. Purchase price stands at $375,000, and rental yield measures 8.03% with $2,509/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash records $130,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,509/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA