818 Crestwood LnTraverse CityMI49686
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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 Traverse City at 818 Crestwood Ln, Traverse City, MI, 49686 earns $135/mo cash flow from $854/mo rent with a $534/mo payment. Total monthly income totals $854/mo, and annual cash flow totals $1,616/yr on $36,134 capital. ROI tracks 24.38% on current figures, and rental yield reads 9.4% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $46,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $854/mo property income instead of your personal income.
Manufactured
Built in 1978
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49686, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,532 (60.9%) |
| Renter Occupied HU | 3,760 (26.8%) |
| Vacant Housing Units | 1,714 (12.2%) |
| Median Home Value | $375,817 |
| Average Home Value | $494,907 |
Housing Distribution
Address Breakdown
Residential
12,964
Single Family
12,118
Multi-Family
846
Businesses
1,436
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Listed by: Vera Owen • Coldwell Banker Schmidt Traver
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1936082
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.