873 McCarty St NW, Grand Rapids, MI, 49544 | $868/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

Rental property for sale in Grand Rapids at 873 McCarty St NW, Grand Rapids, MI, 49544 offers $2,539/mo rent that, after a $1,073/mo payment, leaves $868/mo cash flow. Total monthly income is $2,539/mo, and annual cash flow is $10,419/yr on $72,681 cash. Return on cash invested measures 34.24% in year one, and rental yield stands at 13.9% at a $219,250 entry. Equity gained on principal adds $1,415/yr while 5% annual appreciation compounds into $60,575 by year five. Five-year ROI records 181.65% and total cumulative return in cash reaches $132,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,539/mo property income versus a $1,073/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1980

N/A lot

$N/A/sqft

$225 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49544, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,014 (100%)
Owner Occupied HU	2,165 (53.9%)
Renter Occupied HU	1,749 (43.6%)
Vacant Housing Units	100 ( 2.5%)
Median Home Value	$275,189
Average Home Value	$287,192