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307 Ridgewood St SE, Kentwood, MI 49548

Property Details for 307 Ridgewood St SE, Kentwood, MI 49548

Property Detail Name Property Detail Value
Address 307 Ridgewood St SE, Kentwood, MI 49548
Property Type Single Family
Price $254,900
Price Change -$10,000
Tax Assessed Value $181,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 1.0
Living Area 924.0
Lot Area 10454.4
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 307 Ridgewood St SE, Kentwood, MI 49548

Financial Metric Name Financial Metric Value
Cash on Cash Return 1.8%
Total ROI 10.2%
Monthly Rent $1,911
Net Operating Income $1,826
Cap Rate 8.6%
Monthly Cash Flow $78
Gross Rent Multiplier 11.1
Debt Service Coverage Ratio 1.4
Principal and Interest $1,288
Tax $460
HOA Fees $0
Insurance $85
Total Payment $1,833
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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