4743 Johnson RdBoyne 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 4743 Johnson Rd, Boyne Falls, MI, 49713 earns from $2,652/mo rent with a $2,227/mo payment. Total monthly income totals $2,652/mo. ROI tracks 17.14% on current figures, and rental yield reads 6.99% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 88.51% and total cumulative return in cash sums $133,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,652/mo property income instead of your personal income.
Single Family
Built in 2020
15.37 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: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #477294