813 Madison Ave SE, Grand Rapids, MI, 49507 | $533/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 813 Madison Ave SE, Grand Rapids, MI, 49507 priced at $225,000 converts $2,016/mo rent into $533/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,016/mo, and annual cash flow totals $6,390/yr on $74,588 invested. Return on cash invested prints 28.48% in year one, and rental yield reads 10.75% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 149.35% and total cumulative return in cash sums $111,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,101/mo payment, not borrower’s personal income.

Single Family

Built in 1900

4,356 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49507, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,654 (100%)
Owner Occupied HU	8,476 (62.1%)
Renter Occupied HU	4,606 (33.7%)
Vacant Housing Units	572 ( 4.2%)
Median Home Value	$221,284
Average Home Value	$243,171