7314 Schoolhouse Dr SE, Ada, MI, 49301 | Equity Gain $7,872/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ada at 7314 Schoolhouse Dr SE, Ada, MI, 49301 generates $1,964/mo in rent, after a $5,971/mo payment. Total monthly income is $1,964/mo. Return on cash invested sits at 0.78% in year one, and rental yield is 1.93% on a $1,220,000 entry. Equity gained on principal adds $7,872/yr, while 5% annual appreciation builds toward $337,064 over five years. Five-year ROI reaches 1.1% and total cumulative return in cash sums $4,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,964/mo property income rather than buyer’s personal income.

Single Family

Built in 2021

5,662 sqft lot

$N/A/sqft

$1,120 quarterly 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