7840 Crispen Ct SE, Grand Rapids, MI, 49508 | $244/mo Cash Flow

For Sale

Ziffy Mortgage

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 7840 Crispen Ct SE, Grand Rapids, MI, 49508 priced at $424,900 converts $3,046/mo rent into $244/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,046/mo, and annual cash flow totals $2,924/yr on $140,854 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 8.6% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 114.51% and total cumulative return in cash sums $161,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,046/mo property income covering a $2,080/mo payment, not borrower’s personal income.

Single Family

Built in 1997

0.28 Acres 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