5010 Clear Ridge 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 5010 Clear Ridge Dr SE, Ada, MI, 49301 earns $452/mo cash flow from $3,552/mo rent with a $2,271/mo payment. Total monthly income totals $3,552/mo, and annual cash flow totals $5,426/yr on $153,816 capital. ROI tracks 23.44% on current figures, and rental yield reads 9.19% at a $464,000 purchase. Equity gained on principal adds $2,994/yr, and 5% annual appreciation supports $128,195 over five years. Five-year ROI reaches 122.42% and total cumulative return in cash sums $188,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,552/mo property income instead of your personal income.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
$480 annually 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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