1041 Dogwood Meadows Dr SEAdaMI49301
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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
Investment Highlights
Investment property for sale in Ada at 1041 Dogwood Meadows Dr SE, Ada, MI, 49301 uses $179,272 cash to close to unlock $10,016/yr annual cash flow and $835/mo monthly cash flow. Total monthly income runs $4,428/mo, and a $2,667/mo payment keeps the spread at $835/mo. Purchase price stands at $544,900, and rental yield measures 9.75% with $4,428/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 134.11% and total cumulative return in cash records $240,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,428/mo property income covering a $2,667/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49301, Ada, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 6,469 (90.1%) |
| Renter Occupied HU | 468 ( 6.5%) |
| Vacant Housing Units | 242 ( 3.4%) |
| Median Home Value | $522,633 |
| Average Home Value | $592,513 |
Housing Distribution
Address Breakdown
Residential
7,285
Single Family
7,076
Multi-Family
209
Businesses
611
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