6636 Paris Ave SEGrand RapidsMI49548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Grand Rapids at 6636 Paris Ave SE, Grand Rapids, MI, 49548 at $290,000 posts ROI 24.35% with $356/mo cash flow from $2,268/mo rent. Total monthly income equals $2,268/mo, and annual cash flow records $4,272/yr on $96,135 to close. Return on cash invested measures 24.35% and rental yield reads 9.38% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 127.2% and total cumulative return in cash totals $122,284.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,268/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49548, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,625 (100%) |
| Owner Occupied HU | 9,662 (70.9%) |
| Renter Occupied HU | 3,618 (26.6%) |
| Vacant Housing Units | 345 ( 2.5%) |
| Median Home Value | $202,210 |
| Average Home Value | $248,548 |
Housing Distribution
Address Breakdown
Residential
13,361
Single Family
12,642
Multi-Family
719
Businesses
1,284
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Nearby investment properties with comparable prices
Listed by: Trevor Higley • Five Star Real Estate (Eastown)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010621
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.