6050 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
Investment property for sale in Ada at 6050 Grand River Dr NE, Ada, MI, 49301 with 5% annual appreciation on a $1,985,000 basis while $8,368/mo rent supports operations. 56% in year one. Equity gained on principal adds $12,809/yr, and five-year appreciation sums $548,419 alongside rental yield of 5.06%. Five-year ROI measures 58.51% and total cumulative return in cash totals $376,286. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,368/mo property income versus a $9,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
2.32 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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