Off County Line Lake RdBruce CrossingMI49912
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, Off County Line Lake Rd, Bruce Crossing, MI, 49912 in Bruce Crossing is priced for capital growth, not immediate cash flow. The $119,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $32,878 by year five, with $1,096/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Bruce Crossing market data in our database. Property projections are estimates.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: TAMMY KAURANEN • FIRST WEBER - BESSEMER
Mls Name: GNMLS
Mls ID: #211805