737 Ferndale Ave NWGrand RapidsMI49534








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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


Investment Highlights
Investment property for sale in Grand Rapids at 737 Ferndale Ave NW, Grand Rapids, MI, 49534 with 5% annual appreciation on a $319,900 basis while $1,835/mo rent supports operations. 8% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 6.88%. Five-year ROI measures 86.73% and total cumulative return in cash totals $91,976. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,835/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Melanie Wendling • Charter Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #25016580
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.







