2738 Sanderling Ct SE, Grand Rapids, MI, 49508 | $366/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Grand Rapids at 2738 Sanderling Ct SE, Grand Rapids, MI, 49508 offers a 9.03% rental yield on a $414,900 purchase with $3,121/mo rent. Total monthly income registers $3,121/mo, and a $2,031/mo payment leaves $366/mo available for distribution. Annual cash flow reaches $4,396/yr on $137,539 to close, and return on cash invested stands at 23.11% in year one. Equity gained on principal adds $2,677/yr while 5% annual appreciation supports $114,629 over five years. Portfolio math shows five-year ROI at 120.58% and total cumulative return in cash at $165,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,121/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

9,583 sqft lot

$N/A/sqft

$55 quarterly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,271 (100%)
Owner Occupied HU	10,323 (63.4%)
Renter Occupied HU	5,488 (33.7%)
Vacant Housing Units	460 ( 2.8%)
Median Home Value	$292,420
Average Home Value	$312,786