11 Kate St Plan, Fox RunBoyne CityMI49712
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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 Boyne City at 11 Kate St Plan, Fox Run, Boyne City, MI, 49712 priced at $138,995 pairs $1,102/mo rent with $186/mo cash flow after a $680/mo payment. Total monthly income equals $1,102/mo, and annual cash flow comes to $2,229/yr on $46,077 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.51% on a $138,995 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,402 by year five. Five-year ROI measures 129.35% and total cumulative return in cash reaches $59,599. For financing, Ziffy Mortgage’s DSCR program evaluates $1,102/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49712, Boyne City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 2,983 (55.6%) |
| Renter Occupied HU | 671 (12.5%) |
| Vacant Housing Units | 1,714 (31.9%) |
| Median Home Value | $299,918 |
| Average Home Value | $392,153 |
Housing Distribution
Address Breakdown
Residential
4,159
Single Family
3,938
Multi-Family
221
Businesses
346
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Listed by: Susan McPherson • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A