10636 Boney Falls H RdCornellMI49818
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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 Cornell at 10636 Boney Falls H Rd, Cornell, MI, 49818 uses $94,478 cash to close to unlock $3,448/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,395/mo payment keeps the spread at $287/mo. Purchase price stands at $285,000, and rental yield measures 10.69% with $2,539/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $117,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2012
105.50 Acres lot
$N/A/sqft
No HOA
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Listed by: LORI RYMKOS • PREMIER REAL ESTATE, INC.
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50146861
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