911 Prince St SE, Grand Rapids, MI, 49507 | $2,031/mo Cash Flow

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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 911 Prince St SE, Grand Rapids, MI, 49507 priced at $249,900 pairs $3,679/mo rent with $2,031/mo cash flow after a $1,223/mo payment. Total monthly income equals $3,679/mo, and annual cash flow comes to $24,374/yr on $82,842 invested. Return on cash invested is 49.33% in year one, and rental yield stands at 17.67% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 261.2% and total cumulative return in cash reaches $216,386. For financing, Ziffy Mortgage’s DSCR program evaluates $3,679/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1911

5,662 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