3521 S Applecrest Ct SEAdaMI49301
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
Investment property for sale in Ada at 3521 S Applecrest Ct SE, Ada, MI, 49301 uses $165,717 cash to close to unlock $10,466/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $4,169/mo, and a $2,447/mo payment keeps the spread at $872/mo. Purchase price stands at $499,900, and rental yield measures 10.01% with $4,169/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 137.26% and total cumulative return in cash records $227,460. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,169/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
