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1350 Giddings Ave SE, Grand Rapids, MI 49506

Property Details for 1350 Giddings Ave SE, Grand Rapids, MI 49506

Property Detail Name Property Detail Value
Address 1350 Giddings Ave SE, Grand Rapids, MI 49506
Property Type Single Family
Price $299,900
Price Change -$15,000
Tax Assessed Value $295,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 2.0
Living Area 1,478.0
Lot Area 6098.4
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 1350 Giddings Ave SE, Grand Rapids, MI 49506

Financial Metric Name Financial Metric Value
Cash on Cash Return 2.1%
Total ROI 10.4%
Monthly Rent $2,262
Net Operating Income $2,162
Cap Rate 8.7%
Monthly Cash Flow $104
Gross Rent Multiplier 11.0
Debt Service Coverage Ratio 1.4
Principal and Interest $1,515
Tax $543
HOA Fees $0
Insurance $100
Total Payment $2,158
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 2 months ago) — rate is stale
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