705 Burns St SW, Grand Rapids, MI, 49503 | $112/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Redman Advantage RA2860-245 Plan, Riverview

3 Bed
2 Bath
1680 sft

Redman Advantage RA2860-245 Plan, Riverview, Sparta, MI, 49345

Investment Property+ 2 more

2 Bed
1 Bath
784 sft

3230 Highgate Ave SW, Wyoming, MI, 49509

3 Bed
2 Bath
1608 sft

Champion Plan, Riverview, Sparta, MI, 49345

Airbnb Potential+ 1 more

1 Bed
1 Bath
592 sft

310 Farnham St SE, Kentwood, MI, 49548

Nearby investment properties with comparable prices

3 Bed
1 Bath
1064 sft

721 6th St NW, Grand Rapids, MI, 49504

2 Bed
1 Bath
876 sft

3286 College Ave NE, Grand Rapids, MI, 49525

2 Bed
1 Bath
668 sft

942 Oakcrest St SW, Wyoming, MI, 49509

2 Bed
2 Bath
888 sft

1946 Martindale Ave SW, Wyoming, MI, 49509

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Grand Rapids at 705 Burns St SW, Grand Rapids, MI, 49503 priced at $214,900 pairs $1,529/mo rent with $112/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,529/mo, and annual cash flow comes to $1,340/yr on $71,239 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 8.54% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 113.49% and total cumulative return in cash reaches $80,850. For financing, Ziffy Mortgage’s DSCR program evaluates $1,529/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

5,227 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49503, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,238 (100%)
Owner Occupied HU	7,149 (35.3%)
Renter Occupied HU	11,464 (56.6%)
Vacant Housing Units	1,625 ( 8.0%)
Median Home Value	$281,804
Average Home Value	$332,147