3353 Hill VwBoyne FallsMI49713
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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 3353 Hill Vw, Boyne Falls, MI, 49713 uses $125,970 cash to close to unlock $4,416/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $2,874/mo, and a $1,860/mo payment keeps the spread at $368/mo. Purchase price stands at $379,999, and rental yield measures 9.08% with $2,874/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 122.16% and total cumulative return in cash records $153,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $1,860/mo payment rather than investor’s personal income.
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: Ryan C Bostwick • Epique Realty
Mls Name: Realcomp II
Mls ID: #20261003237