5420 Egypt Creek Blvd NEAdaMI49301
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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
Rental property for sale in Ada at 5420 Egypt Creek Blvd NE, Ada, MI, 49301 priced at $1,950,000 converts $4,200/mo rent into after a $9,544/mo obligation. Total monthly income equals $4,200/mo. Return on cash invested prints 3.53% in year one, and rental yield reads 2.58% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 15.59% and total cumulative return in cash sums $98,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Single Family
Built in 2012
1.61 Acres lot
$N/A/sqft
$2,500 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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Nearby investment properties with comparable prices
