5855 Grand River Dr NEAdaMI49301
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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 5855 Grand River Dr NE, Ada, MI, 49301 generates $4,831/mo in rent and, after a $2,765/mo payment, leaves $1,106/mo in cash flow. Total monthly income is $4,831/mo, and annual cash flow is $13,266/yr on $185,885 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 10.26% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 142.43% and total cumulative return in cash sums $264,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,831/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2.21 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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