Grandview Plan, The Reserve at Knapp BluffGrand RapidsMI49525
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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 Grandview Plan, The Reserve at Knapp Bluff, Grand Rapids, MI, 49525 priced at $975,000 converts $4,325/mo rent into after a $4,772/mo obligation. Total monthly income equals $4,325/mo. Return on cash invested prints 10.48% in year one, and rental yield reads 5.32% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 53.39% and total cumulative return in cash sums $171,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,325/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
$457 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49525, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,066 (100%) |
| Owner Occupied HU | 9,697 (74.2%) |
| Renter Occupied HU | 2,961 (22.7%) |
| Vacant Housing Units | 408 ( 3.1%) |
| Median Home Value | $372,431 |
| Average Home Value | $442,492 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
10,985
Multi-Family
1,800
Businesses
1,068
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Listed by: N/A • Covenant Developments
Mls Name: Covenant Developments
Mls Provider:
Mls ID: #N/A