71 Jonquil St SW, Grand Rapids, MI, 49548 | $311/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 71 Jonquil St SW, Grand Rapids, MI, 49548 offers $1,781/mo rent that, after a $1,091/mo payment, leaves $311/mo cash flow. Total monthly income is $1,781/mo, and annual cash flow is $3,731/yr on $73,925 cash. Return on cash invested measures 24.96% in year one, and rental yield stands at 9.58% at a $223,000 entry. Equity gained on principal adds $1,439/yr while 5% annual appreciation compounds into $61,611 by year five. Five-year ROI records 130.44% and total cumulative return in cash reaches $96,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,781/mo property income versus a $1,091/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.28 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