2611 Condo Loop #L544-46, Boyne Falls, MI, 49713 | 3.86% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1557 sft

11588 Bilder Rd, Wolverine, MI, 49799

3 Bed
2 Bath
1820 sft

2550 Kladder Rd, Bellaire, MI, 49615

2 Bed
1 Bath
1000 sft

6812 Conrad Rd, Mancelona, MI, 49659

1 Bed
1 Bath
531 sft

101 Michigan Ave #105, Charlevoix, MI, 49720

Nearby investment properties with comparable prices

3 Bed
3 Bath
2304 sft

33 Harbor Ln, Harbor Springs, MI, 49740

4 Bed
2 Bath
1641 sft

6082 Heideldorf Ln, Bellaire, MI, 49615

Rental Income+ 1 more

4 Bed
4 Bath
2300 sft

1185 Hideaway Valley Dr UNIT 60, Harbor Springs, MI, 49740

3 Bed
2 Bath
1880 sft

1202 State St, Charlevoix, MI, 49720

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

Investment property for sale in Boyne Falls at 2611 Condo Loop #L544-46, Boyne Falls, MI, 49713 listed at $559,000 pairs $1,800/mo rent with a $2,736/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 7.75% in year one, and rental yield registers 3.86% at a $559,000 basis. Equity gained on principal adds $3,607/yr, and annual property appreciation at 5% supports $154,441 by year five. Five-year ROI tracks 38.16% and total cumulative return in cash totals $70,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49713, Boyne Falls, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,444 (100%)
Owner Occupied HU	757 (52.4%)
Renter Occupied HU	120 ( 8.3%)
Vacant Housing Units	567 (39.3%)
Median Home Value	$250,234
Average Home Value	$338,748