1434 Dorothy AveBois Blanc IslandMI49775
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Bois Blanc Island at 1434 Dorothy Ave, Bois Blanc Island, MI, 49775 at $210,000 posts ROI 44.4% with $1,421/mo cash flow from $2,806/mo rent. Total monthly income equals $2,806/mo, and annual cash flow records $17,052/yr on $69,615 to close. Return on cash invested measures 44.4% and rental yield reads 16.03% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 234.71% and total cumulative return in cash totals $163,396.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,806/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49775, Pointe Aux Pins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 59 (11.8%) |
| Renter Occupied HU | 4 ( 0.8%) |
| Vacant Housing Units | 437 (87.4%) |
| Median Home Value | $242,500 |
| Average Home Value | $281,483 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Phillips • Bois Blanc Island Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-453
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.