7426 Pinto Dr · Caledonia, MI 49316

$115,000

4 bd · 1.0 ba · 1,688 sqft · SingleFamily public records · 40 Days on market

Built 1995 $68/sqft · 9% above area Est $105k · 9% over ↓ 30% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.6/10.0
• Livability +3.9/5.0
• ARV discount +3.4/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

Key facts

• Fitness center
• Attached garage
• Newer appliances

Tags

• OPEN-CONCEPT LAYOUT
• NEWER APPLIANCES
• ATTACHED GARAGE
• YEAR-ROUND INDOOR POOL
• FITNESS CENTER
• BASKETBALL COURT

Property features AI

Finance

• Other: Located near 76th and Kraft
• HOA & community: Community clubhouse; Fitness center; Indoor pool; Playground; Pets allowed; Monthly association fee that includes trash

Exterior

• Parking: Attached 2-car garage
• Home design: Ranch-style residential property; Built in 1995
• Construction: Vinyl siding; Composition roof
• Exterior features: Paved road access

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating
• Interior features: 8 total rooms; Slab basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $115k).
• Recommended offer: $112k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.2% vs local median 2.5% in Caledonia — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#101 in MI, #2,449 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Caledonia Community Schools (suburban): math 58% / reading 68% proficiency, ranked #26 of 540 in MI (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 13% free/reduced lunch — higher-income household profile.
• Zoned schools: Emmons Lake Elementary School (math 56% / reading 66%, grade B, #190 of 1,397 statewide, top 14%, 400 students, 24% FRL); Kraft Meadows Intermediate School (math 54% / reading 67%, grade B+, #51 of 493 statewide, top 11%, 683 students, 23% FRL); Caledonia High School (math 47% / reading 73%, grade C+, #73 of 713 statewide, top 11%, 1,464 students, 20% FRL).
• Market conditions: 257 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 2,253 units permitted in Kent County in 2024 (969 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Kent County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $20k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $111,550 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.24% ✓
• Cap rate: 19.23%
• Cash-on-cash: 46.19%
• DSCR: 3.06
• GRM: 3.7

CMA / ARV

• ARV (median comp): $105,386
• List price: $115,000
• Delta: 9.12%
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5549 Mammoth Dr SE	0.33mi	3/2.0 (-1)	1,603 (-5%)	1mo	$429,900	$268	66
5582 Mammoth Dr SE	0.33mi	4/2.5	1,830 (+8%)	1mo	$429,900	$235	64
5505 Mammoth Dr SE	0.33mi	4/2.5	1,830 (+8%)	1mo	$429,900	$235	64
7460 Traditional Ct	0.40mi	3/2.0 (-1)	1,604 (-5%)	1mo	$379,900	$237	63
5480 Mammoth Dr SE	0.33mi	4/2.5	1,830 (+8%)	4mo	$399,900	$219	62
7445 Traditional Ct SE	0.41mi	3/2.0 (-1)	1,604 (-5%)	4mo	$369,900	$231	60
7493 Legend Ct SE	0.44mi	3/2.0 (-1)	1,604 (-5%)	3mo	$369,000	$230	60
7428 Traditional Ct SE	0.45mi	3/2.0 (-1)	1,604 (-5%)	2mo	$364,900	$227	60
7429 Traditional Ct SE	0.43mi	3/2.0 (-1)	1,604 (-5%)	3mo	$359,900	$224	60
7419 Traditional Ct SE	0.46mi	3/2.0 (-1)	1,604 (-5%)	3mo	$364,900	$227	59
7420 Traditional Ct SE	0.46mi	3/2.0 (-1)	1,604 (-5%)	3mo	$364,900	$227	59
5576 Mammoth Dr SE	0.33mi	3/2.0 (-1)	1,527 (-10%)	2mo	$416,285	$273	58

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 43.4%
• Equity multiple: 2.87×
• Total profit: $60,342
• Equity at exit: $17,147

10-year hold

• IRR: 49.5%
• Equity multiple: 5.79×
• Total profit: $154,348
• Equity at exit: $9,943

Cash invested: $32,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 49316

• Home prices YoY: -33.4%
• Active inventory: 257
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $2,575 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,725/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$541
• Net cashflow: $1,239

Break-even live

Break-even rent $1,006

Max offer price $115,000

Occupancy floor 47%

Sensitivity live

Price	-10% $1,319	-5% $1,279	+0% $1,239	+5% $1,200	+10% $1,160
Rent	-10% $1,036	-5% $1,138	+0% $1,239	+5% $1,341	+10% $1,443
Rate	-1.0pp $1,297	-0.5pp $1,269	base $1,239	+0.5pp $1,210	+1.0pp $1,179

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7428 Traditional Ct SE Caledonia, MI	3.0	2.0	1551	$2,695	$1.74	16d	1	0.47mi

Listing history 36 events

1. 2026-06-18
   status $115,000 Pending 40 DOM
2. 2026-06-17
   days on market $115,000 Active 40 DOM

   Show marketing remark (991 chars)

   Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

3. 2026-06-16
   days on market $115,000 Active 39 DOM
4. 2026-06-15
   days on market $115,000 Active 38 DOM
5. 2026-06-14
   days on market $115,000 Active 36 DOM
6. 2026-06-13
   pricedays on market $115,000 Active 35 DOM
7. 2026-06-10
   days on market $135,000 Active 33 DOM

   Show marketing remark (991 chars)

   Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

8. 2026-06-09
   days on market $135,000 Active 32 DOM
9. 2026-06-08
   days on market $135,000 Active 31 DOM
10. 2026-06-07
    days on market $135,000 Active 30 DOM
11. 2026-06-03
    days on market $135,000 Active 26 DOM
12. 2026-06-03
    days on market $135,000 Active 25 DOM
13. 2026-06-01
    days on market $135,000 Active 24 DOM
14. 2026-05-31
    days on market $135,000 Active 23 DOM
15. 2026-05-08
    listed $135,000 Active 997-char remark

    Show marketing remark (991 chars)

    Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

16. 2026-05-08
    listed $135,000 Active 991-char remark

    Show marketing remark (991 chars)

    Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

17. 2026-05-08
    listed $135,000 Active

    Show marketing remark (991 chars)

    Welcome to 7426 Pinto Dr, a spacious 4-bedroom, 2-bathroom home nestled in the highly sought-after Country Meadows Village in Caledonia, MI. Thoughtfully designed with an open-concept layout, this home feels open and airy from the moment you walk in. Newer appliances are already in place, and the attached 2-stall garage offers everyday convenience and extra storage. Country Meadows Village is more than a neighborhood, it's a lifestyle. Residents enjoy amazing amenities such as a year-round indoor pool, fitness center, basketball court, playground, catch-and-release lake, RV storage, and a vibrant social events calendar that makes it easy to feel at home from day one. Pet lovers, this community welcomes your furry family members too. The location is unbeatable. Situated just minutes from M6, you have quick highway access to downtown Grand Rapids and an easy drive to Gerald R. Ford International Airport -- all the convenience of the city with the peace of a close-knit community.

18. 2026-05-04
    historical
19. 2026-05-03
    historical
20. 2026-04-08
    price $137,500
21. 2026-04-08
    price $137,500
22. 2026-04-08
    price $137,500
23. 2026-03-29
    price $149,900
24. 2026-03-28
    price $149,900
25. 2026-03-28
    price $149,900
26. 2026-02-07
    price $150,000
27. 2026-02-06
    price $150,000
28. 2026-02-06
    price $150,000
29. 2026-01-30
    price $155,500
30. 2026-01-29
    price $155,500
31. 2026-01-29
    price $155,500
32. 2026-01-15
    price $157,500
33. 2026-01-15
    price $157,500
34. 2026-01-15
    price $157,500
35. 2025-12-09
    listed $165,000 Active
36. 2025-12-09
    listed $165,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $30,898
• − Mortgage interest: −$6,442
• − Property taxes: −$1,725
• − Insurance: −$575
• − Repairs & maintenance: −$2,472
• − Management: −$2,472
• − Depreciation: −$3,345
• Taxable income: $13,867
• Est. tax owed @ 24.0%: −$3,328
• After-tax cash flow: $11,545/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Caledonia Community Schools
• NCES district ID: 2607620
• Math proficiency: 58% ▲ 2.00%
• Reading proficiency: 68% ▲ 1.00%
• Median HH income: $75,649
• Composite: 55.98/100
• National rank: #1196
• State rank: #26 of 540 in MI

Livability — Caledonia

• Score: 78/100
• State rank: #101
• US rank: #2449

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Kent County · 533,805 people
• Metro: Grand Rapids-Kentwood, MI
• Population (ZIP): 26,427
• Household income: $103,238
• Rent vs Own: 10.1% rent · 89.9% own
• Severe rent burden: 96.0

Population outlook (Kent County) Hauer SSP2

• Today (2025): 712,484 people
• By 2030: 748,618 · +5.1%
• By 2040: 814,777 · +14.4%
• By 2050: 868,556 · +21.9%
• By 2075: 966,487 · +35.7%
• By 2100: 967,975 · +35.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 8% Hispanic / Latino 7% Asian 5% Black 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Iranian 21% Romanian 7% Slovak 2%
• Foreign-born: 7% · Canada, Vietnam, China
• Languages at home: 92% English-only · Spanish 2% Vietnamese 2% Chinese 1%

Political lean MEDSL · Kent

• 2024 margin: Lean D (+5.4) · D 51.8% · R 46.5% · Other 1.7%
• 2008→2024 swing: +4.8pp toward D · 2008: 0.5pp · 2024: 5.4pp
• All cycles: 2024: D+5.4 2020: D+6.1 2016: R+3.1 2012: R+7.9 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -117.75%
• Current HPI: 235.3555
• Rent YoY: —
• Metro: Grand Rapids-Kentwood, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-30.3% since first listed

30 events — show timeline

• 2026-06-17 Pending — REALCOMP
• 2026-06-17 Pending — MiRealSource-MiMLS
• 2026-06-17 Pending — SW Michigan MLS
• 2026-06-10 Price Changed $115,000 MiRealSource-MiMLS
• 2026-06-10 Price Changed $115,000 REALCOMP
• 2026-06-10 Price Changed $115,000 SW Michigan MLS
• 2026-06-05 Relisted — MiRealSource-MiMLS
• 2026-05-30 Listing Removed — MiRealSource-MiMLS
• 2026-05-08 Listed $135,000 SW Michigan MLS
• 2026-05-08 Listed $135,000 MiRealSource-MiMLS
• 2026-05-08 Listed $135,000 REALCOMP
• 2026-05-04 Listing Removed — MiRealSource-MiMLS
• 2026-05-03 Listing Removed — REALCOMP
• 2026-04-08 Price Changed $137,500 MiRealSource-MiMLS
• 2026-04-08 Price Changed $137,500 REALCOMP
• 2026-04-08 Price Changed $137,500 SW Michigan MLS
• 2026-03-29 Price Changed $149,900 MiRealSource-MiMLS
• 2026-03-28 Price Changed $149,900 REALCOMP
• 2026-03-28 Price Changed $149,900 SW Michigan MLS
• 2026-02-07 Price Changed $150,000 MiRealSource-MiMLS
• 2026-02-06 Price Changed $150,000 REALCOMP
• 2026-02-06 Price Changed $150,000 SW Michigan MLS
• 2026-01-30 Price Changed $155,500 MiRealSource-MiMLS
• 2026-01-29 Price Changed $155,500 REALCOMP
• 2026-01-29 Price Changed $155,500 SW Michigan MLS
• 2026-01-15 Price Changed $157,500 MiRealSource-MiMLS
• 2026-01-15 Price Changed $157,500 REALCOMP
• 2026-01-15 Price Changed $157,500 SW Michigan MLS
• 2025-12-09 Listed $165,000 REALCOMP
• 2025-12-09 Listed $165,000 MiRealSource-MiMLS

Property tax history

+1.7%/yr

Latest (2025): $86 · +2.5% YoY. Source: county tax records.