4877 Springvale Rd, Boyne Falls, MI, 49713 | $1,123/mo Cash Flow

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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

Investment property for sale in Boyne Falls at 4877 Springvale Rd, Boyne Falls, MI, 49713 offers a 12.14% rental yield on a $319,000 purchase with $3,226/mo rent. Total monthly income registers $3,226/mo, and a $1,561/mo payment leaves $1,123/mo available for distribution. Annual cash flow reaches $13,472/yr on $105,749 to close, and return on cash invested stands at 32.65% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 171.7% and total cumulative return in cash at $181,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,226/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

3.30 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