117 Crystal AveCrystal 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 117 Crystal Ave, Crystal Falls, MI, 49920 with 5% annual appreciation on a $139,500 basis while $1,283/mo rent supports operations. Total monthly income totals $1,283/mo and a $683/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,354/yr on $46,244 deployed, and return on cash invested reaches 29.32% in year one. Equity gained on principal adds $900/yr, and five-year appreciation sums $38,541 alongside rental yield of 11.04%. Five-year ROI measures 153.85% and total cumulative return in cash totals $71,145.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,283/mo property income versus a $683/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
6,969 sqft 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: DANELLE DOVE • RE/MAX NORTH COUNTRY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50164106
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.