5151 Crystal Beach Rd NWRapid CityMI49676
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 Rapid City at 5151 Crystal Beach Rd NW, Rapid City, MI, 49676 priced at $252,500 converts $3,004/mo rent into $1,339/mo cash flow after a $1,236/mo obligation. Total monthly income equals $3,004/mo, and annual cash flow totals $16,065/yr on $83,704 invested. Return on cash invested prints 39.1% in year one, and rental yield reads 14.28% against a $252,500 entry. Equity gained on principal adds $1,629/yr, while 5% annual appreciation compiles into $69,761 by year five. Five-year ROI reaches 206.3% and total cumulative return in cash sums $172,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,004/mo property income covering a $1,236/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49676, Rapid City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 1,517 (54.1%) |
| Renter Occupied HU | 207 ( 7.4%) |
| Vacant Housing Units | 1,082 (38.6%) |
| Median Home Value | $282,477 |
| Average Home Value | $414,029 |
Housing Distribution
Address Breakdown
Residential
1,828
Single Family
1,828
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices
Listed by: James Garrow • Bayside Real Estate
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1900491
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.