716 Henry Ave SE, Grand Rapids, MI, 49503 | $598/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 716 Henry Ave SE, Grand Rapids, MI, 49503 priced at $213,000 converts $2,003/mo rent into $598/mo cash flow after a $1,043/mo obligation. Total monthly income equals $2,003/mo, and annual cash flow totals $7,175/yr on $70,610 invested. Return on cash invested prints 30.07% in year one, and rental yield reads 11.28% against a $213,000 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation compiles into $58,848 by year five. Five-year ROI reaches 157.86% and total cumulative return in cash sums $111,465. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,043/mo payment, not borrower’s personal income.

Single Family

Built in 1900

5,662 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