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570 Valley Ave NW, Grand Rapids, MI 49504

Property Details for 570 Valley Ave NW, Grand Rapids, MI 49504

Property Detail Name Property Detail Value
Address 570 Valley Ave NW, Grand Rapids, MI 49504
Property Type Single Family
Price $299,000
Price Change $0
Tax Assessed Value $146,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 2.0
Living Area 1,010.0
Lot Area 3920.4
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 570 Valley Ave NW, Grand Rapids, MI 49504

Financial Metric Name Financial Metric Value
Cash on Cash Return -0.6%
Total ROI 7.7%
Monthly Rent $2,039
Net Operating Income $1,939
Cap Rate 7.8%
Monthly Cash Flow -$28
Gross Rent Multiplier 12.2
Debt Service Coverage Ratio 1.3
Principal and Interest $1,510
Tax $457
HOA Fees $0
Insurance $100
Total Payment $2,067
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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