1701 W Boyer RdFenwickMI48834
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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 Fenwick at 1701 W Boyer Rd, Fenwick, MI, 48834 with 5% annual appreciation on a $134,900 basis while $1,024/mo rent supports operations. Total monthly income totals $1,024/mo and a $660/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,616/yr on $44,719 deployed, and return on cash invested reaches 23.52% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.11%. Five-year ROI measures 122.78% and total cumulative return in cash totals $54,905.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,024/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48834, Fenwick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 844 (79.5%) |
| Renter Occupied HU | 119 (11.2%) |
| Vacant Housing Units | 98 ( 9.2%) |
| Median Home Value | $221,131 |
| Average Home Value | $260,749 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
9
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