942 Calvary Ave NW, Grand Rapids, MI, 49504 | $482/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 942 Calvary Ave NW, Grand Rapids, MI, 49504 with 5% annual appreciation on a $242,000 basis while $2,077/mo rent supports operations. Total monthly income totals $2,077/mo and a $1,184/mo payment preserves $482/mo for cash returns. Annual cash flow comes to $5,779/yr on $80,223 deployed, and return on cash invested reaches 27.11% in year one. Equity gained on principal adds $1,562/yr, and five-year appreciation sums $66,860 alongside rental yield of 10.3%. Five-year ROI measures 142.02% and total cumulative return in cash totals $113,934.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,077/mo property income versus a $1,184/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1927

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49504, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,664 (100%)
Owner Occupied HU	10,506 (56.3%)
Renter Occupied HU	7,008 (37.5%)
Vacant Housing Units	1,150 ( 6.2%)
Median Home Value	$258,759
Average Home Value	$284,959