3333 Hill VwBoyne FallsMI49713
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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 Boyne Falls at 3333 Hill Vw, Boyne Falls, MI, 49713 offers a 10.05% rental yield on a $399,000 purchase with $3,343/mo rent. Total monthly income registers $3,343/mo, and a $1,953/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,540/yr on $132,269 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 137.99% and total cumulative return in cash at $182,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,343/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.30 Acres 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 |
Housing Distribution
Address Breakdown
Residential
958
Single Family
958
Multi-Family
0
Businesses
45
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Listed by: Brienna Roberts • Berkshire Hathaway HomeServices Real Estate - BC
Mls Name: Northern Michigan MLS
Mls ID: #478520