37 Sunnybrook Ave SEGrand RapidsMI49506








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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


Investment Highlights
Rental property for sale in Grand Rapids at 37 Sunnybrook Ave SE, Grand Rapids, MI, 49506 priced at $420,000 converts $3,156/mo rent into $386/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,156/mo, and annual cash flow totals $4,632/yr on $139,230 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.02% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 121.2% and total cumulative return in cash sums $168,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,156/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49506, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,333 (70.3%) |
| Renter Occupied HU | 3,352 (25.2%) |
| Vacant Housing Units | 597 ( 4.5%) |
| Median Home Value | $381,078 |
| Average Home Value | $459,706 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
11,674
Multi-Family
1,091
Businesses
601
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Nearby investment properties with comparable prices



Listed by: Susan M Kirchgessner • Greenridge Realty (EGR)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041140
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








