Top 10 Cash Flow Properties in Grand Rapids, MI
Last updated July 19, 2026
This leaderboard ranks the 10 strongest cash-on-cash opportunities available in Grand Rapids, MI as of July 19, 2026, but some context before you read a single row. The average cash-on-cash return across Grand Rapids listings is -4.4%, meaning most properties don't pencil as cash-flow investments at today's 6.55% mortgage rates and a median listing price of $369,000. The deals on this table beat that average by a wide margin, with the tenth-ranked deal still posting a 22.67% cash-on-cash return. Grand Rapids is producing genuinely strong cash-flow results for investors who find the right properties, and a projected annual appreciation rate of 4.2% adds a second return layer on top of that income.
Deals are ranked by cash-on-cash return calculated assuming a 20% down payment financed at the current 30-year fixed mortgage rate of 6.55%. Rent estimates come from automated valuation models or comparable rental analysis for each property's submarket. Operating expenses incorporate Grand Rapids' effective property tax rate of 1.78%. All figures reflect gross cash-on-cash return and exclude depreciation tax benefits, which vary by individual tax situation and ownership structure.
| Rank | Address | Property | List Price | Est. Rent | Payment | CoC |
|---|---|---|---|---|---|---|
| 1 | 1053 Sheldon Ave SE, Grand Rapids, MI 49507 | 3 bd · 1 ba · 960 sqft | $124,900 | $1,716 | $923 | 38.1% |
| Highest cash-on-cash in zip 49507, 38.1% vs. 8.2% zip average. Full analysis → | ||||||
| 2 | 943 Prospect Ave NE, Grand Rapids, MI 49503 | 4 bd · 1 ba · 997 sqft | $214,000 | $2,650 | $1,495 | 32.4% |
| Rent covers 1.8× the monthly payment, an unusual margin in this market. Full analysis → | ||||||
| 3 | 111 Fair St SE, Grand Rapids, MI 49507 | 3 bd · 2 ba · 1,464 sqft | $175,000 | $2,181 | $1,270 | 31.2% |
| Highest cash-on-cash in zip 49507, 31.2% vs. 8.2% zip average. Full analysis → | ||||||
| 4 | 53 Baylis St SW, Grand Rapids, MI 49507 | 4 bd · 3 ba · 1,696 sqft | $219,900 | $2,648 | $1,536 | 30.3% |
| Highest cash-on-cash in zip 49507, 30.3% vs. 8.2% zip average. Full analysis → | ||||||
| 5 | 1334 Fuller Ave SE, Grand Rapids, MI 49506 | 3 bd · 2 ba · 1,569 sqft | $190,000 | $2,243 | $1,381 | 27.2% |
| Rent covers 1.6× the monthly payment, an unusual margin in this market. Full analysis → | ||||||
| 6 | 908 Eastern Ave SE, Grand Rapids, MI 49507 | 5 bd · 2 ba · 2,082 sqft | $209,900 | $2,412 | $1,467 | 27.0% |
| Highest cash-on-cash in zip 49507, 27.0% vs. 8.2% zip average. Full analysis → | ||||||
| 7 | 430 Fernando St NE, Grand Rapids, MI 49505 | 3 bd · 1 ba · 1,158 sqft | $160,000 | $1,875 | $1,161 | 26.8% |
| Rent covers 1.6× the monthly payment, an unusual margin in this market. Full analysis → | ||||||
| 8 | 1236 Wieland Pl NW, Grand Rapids, MI 49504 | 3 bd · 1 ba · 1,084 sqft | $160,000 | $1,852 | $1,161 | 25.9% |
| Highest cash-on-cash in zip 49504, 25.9% vs. 1.1% zip average. Full analysis → | ||||||
| 9 | 1059 Sherman St SE, Grand Rapids, MI 49506 | 3 bd · 1 ba · 820 sqft | $153,000 | $1,748 | $1,153 | 23.3% |
| Rent covers 1.5× the monthly payment, an unusual margin in this market. Full analysis → | ||||||
| 10 | 2071 Linden Ave SE, Grand Rapids, MI 49507 | 3 bd · 2 ba · 1,387 sqft | $235,000 | $2,529 | $1,641 | 22.7% |
| Highest cash-on-cash in zip 49507, 22.7% vs. 8.2% zip average. Full analysis → | ||||||
For Grand Rapids realtors
These are the current top cash-flow rental opportunities in Grand Rapids, ranked by cash-on-cash return. Want to be notified when new deals hit the list? Get in touch.