7915 Thornapple Club Dr SEAdaMI49301
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
Rental property for sale in Ada at 7915 Thornapple Club Dr SE, Ada, MI, 49301 priced at $584,900 pairs $4,014/mo rent with $97/mo cash flow after a $2,863/mo payment. Total monthly income equals $4,014/mo, and annual cash flow comes to $1,160/yr on $192,432 invested. Return on cash invested is 20.66% in year one, and rental yield stands at 8.24% on a $584,900 basis. Equity gained on principal adds $3,774/yr, and 5% annual appreciation accumulates to $161,597 by year five. Five-year ROI measures 107.52% and total cumulative return in cash reaches $206,903. For financing, Ziffy Mortgage’s DSCR program evaluates $4,014/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.35 Acres lot
$N/A/sqft
$60 monthly 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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