123 E Stager Lake DrCrystal 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
Rental property for sale in Crystal Falls at 123 E Stager Lake Dr, Crystal Falls, MI, 49920 priced at $759,000 converts $2,530/mo rent into after a $3,715/mo obligation. Total monthly income equals $2,530/mo. Return on cash invested prints 8.17% in year one, and rental yield reads 4% against a $759,000 entry. Equity gained on principal adds $4,898/yr, while 5% annual appreciation compiles into $209,698 by year five. Five-year ROI reaches 40.37% and total cumulative return in cash sums $100,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,530/mo property income covering a $3,715/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.77 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: Nikki Hebert • Keller Williams Classic Realty NW
Mls Name: RANW
Mls ID: #50312175