650 N Shore DrCrystalMI48818
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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
Rental property for sale in Crystal at 650 N Shore Dr, Crystal, MI, 48818 offers $2,054/mo rent that, after a $1,615/mo payment. Total monthly income is $2,054/mo. Return on cash invested measures 18.57% in year one, and rental yield stands at 7.47% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 96.18% and total cumulative return in cash reaches $105,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,054/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48818, Crystal, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 800 (58.6%) |
| Renter Occupied HU | 145 (10.6%) |
| Vacant Housing Units | 421 (30.8%) |
| Median Home Value | $234,231 |
| Average Home Value | $278,194 |
Housing Distribution
Address Breakdown
Residential
1,031
Single Family
1,031
Multi-Family
0
Businesses
44
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