954 Adams St SE, Grand Rapids, MI, 49507 | $510/mo Cash Flow

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Rental Income

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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 954 Adams St SE, Grand Rapids, MI, 49507 priced at $220,000 pairs $1,961/mo rent with $510/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,961/mo, and annual cash flow comes to $6,120/yr on $72,930 invested. Return on cash invested is 28.3% in year one, and rental yield stands at 10.7% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 148.37% and total cumulative return in cash reaches $108,203. For financing, Ziffy Mortgage’s DSCR program evaluates $1,961/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1915

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