7328 Sandelwood StJenisonMI49428
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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 Jenison at 7328 Sandelwood St, Jenison, MI, 49428 offers $2,263/mo rent that, after a $1,605/mo payment, leaves $101/mo cash flow. Total monthly income is $2,263/mo, and annual cash flow is $1,207/yr on $108,699 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 8.28% at a $327,900 entry. Equity gained on principal adds $2,116/yr while 5% annual appreciation compounds into $90,593 by year five. Five-year ROI records 109.34% and total cumulative return in cash reaches $118,847. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,263/mo property income versus a $1,605/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
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