7237 Mountain Ash Dr SEGrand RapidsMI49546
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 7237 Mountain Ash Dr SE, Grand Rapids, MI, 49546 in Grand Rapids. Rental yield 7.61%. The 1.41 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $132,615 and $4,421/yr in principal reduction project total return of $175,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.8% |
| Monthly Cash Flow | $(121) | $850 |
City averages based on Grand Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,044 |
| Total Monthly Debt Service | $2,974 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashleigh VanDuinen-Leistra • Re/Max of Grand Rapids (Grandville)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022014
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.