7384 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 7384 Thorncrest Dr SE, Ada, MI, 49301 listed at $830,000 pairs $5,584/mo rent with a $4,062/mo payment to leave $111/mo cash flow. Total monthly income runs $5,584/mo, and annual cash flow reaches $1,332/yr on $273,070 cash to close. Return on cash invested measures 20.55% in year one, and rental yield registers 8.07% at a $830,000 basis. Equity gained on principal adds $5,356/yr, and annual property appreciation at 5% supports $229,314 by year five. Five-year ROI tracks 106.76% and total cumulative return in cash totals $291,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,584/mo property income relative to a $4,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
1.24 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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