11480 N Adams RdNorth AdamsMI49262
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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 North Adams at 11480 N Adams Rd, North Adams, MI, 49262 earns from $1,832/mo rent with a $1,958/mo payment. Total monthly income totals $1,832/mo. ROI tracks 12.61% on current figures, and rental yield reads 5.5% at a $399,999 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 over five years. Five-year ROI reaches 64.24% and total cumulative return in cash sums $85,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,832/mo property income instead of your personal income.
Manufactured
Built in 1988
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49262, North Adams, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 443 (75.3%) |
| Renter Occupied HU | 90 (15.3%) |
| Vacant Housing Units | 55 ( 9.4%) |
| Median Home Value | $165,441 |
| Average Home Value | $217,494 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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Listed by: Brandy L Bice • HOWARD HANNA REAL ESTATE SERVI
Mls Name: MichRIC
Mls ID: #25052013