243 Parks Farm RdCrystal 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 243 Parks Farm Rd, Crystal Falls, MI, 49920 earns $115/mo cash flow from $939/mo rent with a $612/mo payment. Total monthly income totals $939/mo, and annual cash flow totals $1,374/yr on $41,438 capital. ROI tracks 23.22% on current figures, and rental yield reads 9.01% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash sums $50,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $939/mo property income instead of your personal income.
Single Family
Built in 2014
20 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: JORDYN LEONARDUZZI • RE/MAX NORTH COUNTRY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50165252
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.