96 Campau Cir NW #1904, Grand Rapids, MI, 49503 | $847/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 96 Campau Cir NW #1904, Grand Rapids, MI, 49503 generates $3,960/mo in rent and, after a $1,738/mo payment, leaves $847/mo in cash flow. Total monthly income is $3,960/mo, and annual cash flow is $10,158/yr on $117,683 invested. Return on cash invested sits at 28.54% in year one, and rental yield is 13.39% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 152.54% and total cumulative return in cash sums $179,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,960/mo property income rather than buyer’s personal income.

Condo

Built in 1990

0.55 Acres lot

$N/A/sqft

$772 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49503, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,238 (100%)
Owner Occupied HU	7,149 (35.3%)
Renter Occupied HU	11,464 (56.6%)
Vacant Housing Units	1,625 ( 8.0%)
Median Home Value	$281,804
Average Home Value	$332,147