963 Pine Ave NW, Grand Rapids, MI, 49504 | $41/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 963 Pine Ave NW, Grand Rapids, MI, 49504 offers $1,524/mo rent that, after a $1,101/mo payment, leaves $41/mo cash flow. Total monthly income is $1,524/mo, and annual cash flow is $486/yr on $74,588 cash. Return on cash invested measures 20.56% in year one, and rental yield stands at 8.13% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 106.9% and total cumulative return in cash reaches $79,737. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,524/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1906

4,791 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