7269 Thorncrest 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 7269 Thorncrest Dr SE, Ada, MI, 49301 with 5% annual appreciation on a $489,900 basis while $3,155/mo rent supports operations. 35% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 7.73%. Five-year ROI measures 100.38% and total cumulative return in cash totals $163,025. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,155/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.55 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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