66 Quigley Blvd SW, Grand Rapids, MI, 49507 | $38/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 66 Quigley Blvd SW, Grand Rapids, MI, 49507 uses $74,588 cash to close to unlock $450/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,521/mo, and a $1,101/mo payment keeps the spread at $38/mo. Purchase price stands at $225,000, and rental yield measures 8.11% with $1,521/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 106.61% and total cumulative return in cash records $79,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,521/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Single Family

Built in 1920

3,484 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,654 (100%)
Owner Occupied HU	8,476 (62.1%)
Renter Occupied HU	4,606 (33.7%)
Vacant Housing Units	572 ( 4.2%)
Median Home Value	$221,284
Average Home Value	$243,171