116 N Runkle Shore RdCrystal FallsMI49920
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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 Crystal Falls at 116 N Runkle Shore Rd, Crystal Falls, MI, 49920 at $239,500 posts ROI 14.65% with from $1,231/mo rent. Total monthly income equals $1,231/mo. Return on cash invested measures 14.65% and rental yield reads 6.17% at the current $239,500. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 by year five. Five-year ROI prints 75.17% and total cumulative return in cash totals $59,677. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,231/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49920, Crystal Falls, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,517 (100%) |
| Owner Occupied HU | 1,761 (50.1%) |
| Renter Occupied HU | 311 ( 8.8%) |
| Vacant Housing Units | 1,445 (41.1%) |
| Median Home Value | $157,741 |
| Average Home Value | $194,814 |
Housing Distribution
Address Breakdown
Residential
2,060
Single Family
1,971
Multi-Family
89
Businesses
171
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Listed by: JORDYN LEONARDUZZI • RE/MAX NORTH COUNTRY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50170294
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.