930 McCabe Ave NEAdaMI49301
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 930 McCabe Ave NE, Ada, MI, 49301 priced at $684,900 pairs $5,036/mo rent with $520/mo cash flow after a $3,352/mo payment. Total monthly income equals $5,036/mo, and annual cash flow comes to $6,236/yr on $225,332 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.82% on a $684,900 basis. Equity gained on principal adds $4,420/yr, and 5% annual appreciation accumulates to $189,225 by year five. Five-year ROI measures 119% and total cumulative return in cash reaches $268,143. For financing, Ziffy Mortgage’s DSCR program evaluates $5,036/mo property income against a $3,352/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
2.86 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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