Elements 2390 Plan, Bretonfield PreserveGrand RapidsMI49508
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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
Investment Highlights
Rental property for sale in Grand Rapids at Elements 2390 Plan, Bretonfield Preserve, Grand Rapids, MI, 49508 offers $3,132/mo rent that, after a $2,408/mo payment. Total monthly income is $3,132/mo. Return on cash invested measures 19.08% in year one, and rental yield stands at 7.64% at a $491,900 entry. Equity gained on principal adds $3,174/yr while 5% annual appreciation compounds into $135,903 by year five. Five-year ROI records 98.95% and total cumulative return in cash reaches $161,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,132/mo property income versus a $2,408/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
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Listed by: Mike McGivney • Allen Edwin Homes
Mls Name: Allen Edwin Homes
Mls Provider:
Mls ID: #N/A