6664 Crystal RdJohannesburgMI49751
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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 Johannesburg at 6664 Crystal Rd, Johannesburg, MI, 49751 priced at $179,900 converts $0/mo rent into after a $881/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.14% in year one, and rental yield reads 0% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 807 (40.4%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,120 (56.1%) |
| Median Home Value | $246,101 |
| Average Home Value | $268,259 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Catherine Callahan • Alpine Realty Group-Gaylord
Mls Name: WWMLS
Mls Provider:
Mls ID: #201833734
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