7345 Oliver Woods Dr SE, Grand Rapids, MI, 49546 | 6.6% Rental Yield

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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 7345 Oliver Woods Dr SE, Grand Rapids, MI, 49546 offers $4,117/mo rent that, after a $3,666/mo payment. Total monthly income is $4,117/mo. Return on cash invested measures 15.93% in year one, and rental yield stands at 6.6% at a $749,000 entry. Equity gained on principal adds $4,833/yr while 5% annual appreciation compounds into $206,935 by year five. Five-year ROI records 82.07% and total cumulative return in cash reaches $202,240. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,117/mo property income versus a $3,666/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

0.62 Acres lot

$N/A/sqft

$300 annually HOA