4402 Mountain View TrlBoyne 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 4402 Mountain View Trl, Boyne Falls, MI, 49713 uses $202,335 cash to close to unlock $7,734/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $4,700/mo, and a $3,010/mo payment keeps the spread at $645/mo. Purchase price stands at $615,000, and rental yield measures 9.17% with $4,700/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 124.66% and total cumulative return in cash records $252,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,700/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Single Family
Built in 2008
3.80 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: Craig Lively • North Shores Realty Group
Mls Name: Northern Michigan MLS
Mls ID: #478385