6712 Cascade Rd SE #15, Grand Rapids, MI, 49546 | $1,341/mo Cash Flow

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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 6712 Cascade Rd SE #15, Grand Rapids, MI, 49546 generates $2,801/mo in rent and, after a $805/mo payment, leaves $1,341/mo in cash flow. Total monthly income is $2,801/mo, and annual cash flow is $16,096/yr on $54,532 invested. Return on cash invested sits at 49.43% in year one, and rental yield is 20.43% on a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 264.72% and total cumulative return in cash sums $144,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,801/mo property income rather than buyer’s personal income.

Condo

Built in 1969

N/A lot

$N/A/sqft

$375 monthly HOA