4484 Wood St, Boyne City, MI, 49712 | $56/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boyne City at 4484 Wood St, Boyne City, MI, 49712 priced at $350,000 pairs $2,364/mo rent with $56/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,364/mo, and annual cash flow comes to $672/yr on $116,025 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 8.11% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 106.47% and total cumulative return in cash reaches $123,530. For financing, Ziffy Mortgage’s DSCR program evaluates $2,364/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

2.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49712, Boyne City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,368 (100%)
Owner Occupied HU	2,983 (55.6%)
Renter Occupied HU	671 (12.5%)
Vacant Housing Units	1,714 (31.9%)
Median Home Value	$299,918
Average Home Value	$392,153