14488 Johnson Lake RdBruce CrossingMI49912
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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 Bruce Crossing at 14488 Johnson Lake Rd, Bruce Crossing, MI, 49912 offers a 7.58% rental yield on a $389,000 purchase with $2,456/mo rent. 89% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 97.92% and total cumulative return in cash at $126,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,456/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49912, Bruce Crossing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 379 (51.3%) |
| Renter Occupied HU | 43 ( 5.8%) |
| Vacant Housing Units | 317 (42.9%) |
| Median Home Value | $154,808 |
| Average Home Value | $188,384 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
301
Multi-Family
12
Businesses
25
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Listed by: NICOLE HEBERT • KELLER WILLIAMS CLASSIC REALTY NW
Mls Name: GNMLS
Mls ID: #208114