851 Graceland St NE, Grand Rapids, MI, 49505 | $156/mo Cash Flow

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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

Investment property for sale in Grand Rapids at 851 Graceland St NE, Grand Rapids, MI, 49505 at $230,000 posts ROI 22.36% with $156/mo cash flow from $1,673/mo rent. Total monthly income equals $1,673/mo, and annual cash flow records $1,872/yr on $76,245 to close. Return on cash invested measures 22.36% and rental yield reads 8.73% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 116.54% and total cumulative return in cash totals $88,855.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,673/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1928

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49505, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,709 (100%)
Owner Occupied HU	9,483 (64.5%)
Renter Occupied HU	4,578 (31.1%)
Vacant Housing Units	648 ( 4.4%)
Median Home Value	$281,170
Average Home Value	$311,704