1548 Sunterra Trl, Boyne City, MI, 49712 | 3.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1443 sft

6040 Pine Lake Club Dr APT 24, Charlevoix, MI, 49720

3 Bed
2 Bath
2063 sft

4877 Springvale Rd, Boyne Falls, MI, 49713

4 Bed
2 Bath
2814 sft

2319 N M 66, East Jordan, MI, 49727

3 Bed
3 Bath
2000 sft

4460 E Fontenoy Rd, Boyne City, MI, 49712

Nearby investment properties with comparable prices

3 Bed
3 Bath
5312 sft

2218 Pinecrest St, Harbor Springs, MI, 49740

4 Bed
4 Bath
3600 sft

13003 Robins Ridge Rd, Charlevoix, MI, 49720

2 Bed
2 Bath
1492 sft

600 Front St APT 63, Boyne City, MI, 49712

4 Bed
4 Bath
3073 sft

2363 Pinecrest St, Harbor Springs, MI, 49740

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,793/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 3.64% with $3,793/mo rent. Return on cash invested shows 7.18% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 35.05% and total cumulative return in cash records $141,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,793/mo property income covering a $6,118/mo payment rather than investor’s personal income.

Single Family

Built in N/A

0.80 Acres 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