Baxter, Grand Rapids MI - Investment Data
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📊 How Does Baxter Compare?
| Metric | Baxter | Grand Rapids | Grand Rapids-Kentwood, MI | Michigan |
|---|---|---|---|---|
| Home Value | $305,619 | $305,619 | N/A | $253,279 |
| Avg Rent | $1,617 | $1,617 | N/A | - |
| 5-Year CAGR | 8.3% | 5.6% | N/A | 6.8% |
| Cap Rate | 0.0% | 0.0% | - | - |
Baxter is a neighborhood in Grand Rapids, Michigan. This neighborhood spans 5 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $213,444, which has increased by 4.6% over the past year. With average rents around $1,617/month and home values averaging $305,619, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in Baxter
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 49503 | Grand Rapids | $291,641 | $1,503 | 0.0% | 8.8% | City match | |
| 49504 | Grand Rapids | $292,255 | $1,416 | 0.0% | 8.9% | City match | |
| 49505 | Grand Rapids | $309,546 | $1,819 | 0.0% | 3.3% | City match | |
| 49507 | Grand Rapids | $244,108 | $1,637 | 0.1% | 4.0% | City match | |
| 49525 | Grand Rapids | $390,546 | $1,712 | 0.0% | 3.4% | City match |
Other Neighborhoods in Grand Rapids
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