401 S 5th StCrystal 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
Rental property for sale in Crystal Falls at 401 S 5th St, Crystal Falls, MI, 49920 generates $797/mo in rent and, after a $514/mo payment, leaves $105/mo in cash flow. Total monthly income is $797/mo, and annual cash flow is $1,254/yr on $34,808 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 9.11% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 122.81% and total cumulative return in cash sums $42,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $797/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.32 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: BARBARA BENSON-STAFFORD • U.P. RIVERLAND REALTY
Mls Name: Upper Peninsula AOR
Mls ID: #50180990