6657 Waybridge Dr SE,Grand Rapids,MI,49546

Investment Highlights

Investment property for sale in Grand Rapids at 6657 Waybridge Dr SE, Grand Rapids, MI, 49546 listed at $395,000 pairs $2,888/mo rent with a $1,933/mo payment to leave $284/mo cash flow. Total monthly income runs $2,888/mo, and annual cash flow reaches $3,402/yr on $130,943 cash to close. Return on cash invested measures 22.51% in year one, and rental yield registers 8.77% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 117.32% and total cumulative return in cash totals $153,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,888/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).