5985 Two Mile Rd NEAdaMI49301
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 5985 Two Mile Rd NE, Ada, MI, 49301 at $695,000 posts ROI 35.33% with $2,910/mo cash flow from $7,493/mo rent. Total monthly income equals $7,493/mo, and annual cash flow records $34,914/yr on $228,655 to close. Return on cash invested measures 35.33% and rental yield reads 12.94% at the current $695,000. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 by year five. Five-year ROI prints 186.04% and total cumulative return in cash totals $425,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,493/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
5.40 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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