6565 Wendell St SE, Grand Rapids, MI, 49546 | 7.55% Rental Yield

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 6565 Wendell St SE, Grand Rapids, MI, 49546 offers a 7.55% rental yield on a $369,000 purchase with $2,323/mo rent. 83% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 97.57% and total cumulative return in cash at $119,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,323/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1951

0.32 Acres lot

$N/A/sqft

No HOA