3064 Effie Pl, Grand Rapids, MI 49505

1 bd · 1 ba · 1,070 sqft · built 1925 · Grand Rapids · SINGLE_FAMILY·source listing ↗

$119,900

rent, three ways

OnePercent model (vv1)$1,366/mo

p10–p90 confidence band

HUD Fair Market Rent · 49505 · 1BR$1,310/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Kent

Flood risk indexRelatively Low FEMA NRI

Median household income$74,906

Median area rent$1,324/mo

Median home value$246,700

the verdict

1.14%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$119,900

1.14% · rent $1,366

Intrinsic value · income approach

$194,627

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.