759 76th St SE #763Grand RapidsMI49508
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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
Investment Highlights
Investment property for sale in Grand Rapids at 759 76th St SE #763, Grand Rapids, MI, 49508 listed at $558,900 pairs $2,374/mo rent with a $2,736/mo payment. Total monthly income runs $2,374/mo. Return on cash invested measures 11.5% in year one, and rental yield registers 5.1% at a $558,900 basis. Equity gained on principal adds $3,606/yr, and annual property appreciation at 5% supports $154,414 by year five. Five-year ROI tracks 58.23% and total cumulative return in cash totals $107,072. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,374/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
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Listed by: N/A • N/A
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Mls ID: #N/A