511 Logan StCrystal 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 511 Logan St, Crystal Falls, MI, 49920 uses $59,504 cash to close to unlock $4,138/yr annual cash flow and $345/mo monthly cash flow. Total monthly income runs $1,529/mo, and a $879/mo payment keeps the spread at $345/mo. Purchase price stands at $179,500, and rental yield measures 10.22% with $1,529/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 140.69% and total cumulative return in cash records $83,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,529/mo property income covering a $879/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
0.33 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 - CRYSTAL FALLS
Mls Name: GNMLS
Mls ID: #212565