HUD raised the Grand Rapids three bedroom rent to $2,113 for FY2027, but suburb prices and school district millage decide the DSCR. See the city vs suburb math and the rental rules. Pillar Mortgage Group.
When a Michigan house sells, its taxable value uncaps and a rental pays the non homestead millage. See the 2025 rates in 11 cities, the tax as a share of price and the price that still holds a 1.00 DSCR. Pillar Mortgage Group.
Pillar Mortgage Group, LLC is an Equal Housing Lender, doing business in accordance with the Fair Housing Act and Equal Credit Opportunity Act.
Company NMLS #2700076 | Arizona Mortgage Broker License MB-2009671 | View NMLS Consumer Access