338 Lincoln AveCrystal 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 338 Lincoln Ave, Crystal Falls, MI, 49920 priced at $129,900 pairs $1,021/mo rent with $164/mo cash flow after a $636/mo payment. Total monthly income equals $1,021/mo, and annual cash flow comes to $1,970/yr on $43,062 invested. Return on cash invested is 24.48% in year one, and rental yield stands at 9.43% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 128.04% and total cumulative return in cash reaches $55,135. For financing, Ziffy Mortgage’s DSCR program evaluates $1,021/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2003
0.30 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: JANA VISH • MULTI STATE REALTY
Mls Name: Upper Peninsula AOR
Mls ID: #50181562