4034 S Crapo RdIthacaMI48847
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 Ithaca at 4034 S Crapo Rd, Ithaca, MI, 48847 at $279,900 posts ROI 28.71% with $680/mo cash flow from $2,526/mo rent. Total monthly income equals $2,526/mo, and annual cash flow records $8,162/yr on $92,787 to close. Return on cash invested measures 28.71% and rental yield reads 10.83% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 150.59% and total cumulative return in cash totals $139,729.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,526/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
12.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48847, Ithaca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,615 (100%) |
| Owner Occupied HU | 1,866 (71.4%) |
| Renter Occupied HU | 523 (20.0%) |
| Vacant Housing Units | 226 ( 8.6%) |
| Median Home Value | $169,856 |
| Average Home Value | $200,805 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,462
Multi-Family
66
Businesses
239
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Nearby investment properties with comparable prices
Listed by: Jonny Mydock • REMAX Prime Properties
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50149939
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