411 Scarborough Ct 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
Rental property for sale in Ada at 411 Scarborough Ct SE, Ada, MI, 49301 generates $5,830/mo in rent and, after a $3,793/mo payment, leaves $720/mo in cash flow. Total monthly income is $5,830/mo, and annual cash flow is $8,634/yr on $254,975 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.03% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 122.32% and total cumulative return in cash sums $311,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,830/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.58 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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