404 Crystal 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
Investment property for sale in Crystal Falls at 404 Crystal Ave, Crystal Falls, MI, 49920 offers a 10.34% rental yield on a $156,500 purchase with $1,349/mo rent. Total monthly income registers $1,349/mo, and a $766/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,803/yr on $51,880 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $1,010/yr while 5% annual appreciation supports $43,238 over five years. Portfolio math shows five-year ROI at 142.68% and total cumulative return in cash at $74,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,349/mo property income against a $766/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,969 sqft 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: #50180207
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.