Off County Line LakeBruce CrossingMI49912
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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 Bruce Crossing at Off County Line Lake, Bruce Crossing, MI, 49912 with 5% annual appreciation on a $124,000 basis while $1,468/mo rent supports operations. Total monthly income totals $1,468/mo and a $607/mo payment preserves $650/mo for cash returns. Annual cash flow comes to $7,802/yr on $41,106 deployed, and return on cash invested reaches 38.89% in year one. Equity gained on principal adds $800/yr, and five-year appreciation sums $34,259 alongside rental yield of 14.21%. Five-year ROI measures 205.29% and total cumulative return in cash totals $84,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,468/mo property income versus a $607/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49912, Bruce Crossing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 379 (51.3%) |
| Renter Occupied HU | 43 ( 5.8%) |
| Vacant Housing Units | 317 (42.9%) |
| Median Home Value | $154,808 |
| Average Home Value | $188,384 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
301
Multi-Family
12
Businesses
25
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Listed by: TAMMY KAURANEN • FIRST WEBER, INC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50141295
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.