1456 Camp 5 RdCrystal FallsMI49920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1456 Camp 5 Rd, Crystal Falls, MI, 49920 uses $60,002 cash to close to unlock $3,460/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $1,482/mo, and a $886/mo payment keeps the spread at $288/mo. Purchase price stands at $181,000, and rental yield measures 9.83% with $1,482/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 134.37% and total cumulative return in cash records $80,623. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,482/mo property income covering a $886/mo payment rather than investor’s personal income.
Single Family
Built in 1987
2.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID GUNNELL • NORTHERN MICHIGAN LAND BROKERS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50174031
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.