Highpointe 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
Investment property for sale in Grand Rapids at Highpointe Plan, The Reserve at Knapp Bluff, Grand Rapids, MI, 49525 earns from $4,474/mo rent with a $5,115/mo payment. Total monthly income totals $4,474/mo. ROI tracks 10.18% on current figures, and rental yield reads 5.14% at a $1,045,000 purchase. Equity gained on principal adds $6,743/yr, and 5% annual appreciation supports $288,714 over five years. Five-year ROI reaches 51.72% and total cumulative return in cash sums $175,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,474/mo property income instead of your personal income.
Condo
Built in 2025
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