1401 S Miner RdCrystalMI48818
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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 at 1401 S Miner Rd, Crystal, MI, 48818 priced at $139,900 converts $1,094/mo rent into $171/mo cash flow after a $685/mo obligation. Total monthly income equals $1,094/mo, and annual cash flow totals $2,054/yr on $46,377 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 9.38% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 127.21% and total cumulative return in cash sums $58,995. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,094/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48818, Crystal, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 800 (58.6%) |
| Renter Occupied HU | 145 (10.6%) |
| Vacant Housing Units | 421 (30.8%) |
| Median Home Value | $234,231 |
| Average Home Value | $278,194 |
Housing Distribution
Address Breakdown
Residential
1,031
Single Family
1,031
Multi-Family
0
Businesses
44
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