5360 Boardman Rd SWSouth BoardmanMI49680
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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 South Boardman at 5360 Boardman Rd SW, South Boardman, MI, 49680 uses $38,123 cash to close to unlock $14,058/yr annual cash flow and $1,172/mo monthly cash flow. Total monthly income runs $1,930/mo, and a $563/mo payment keeps the spread at $1,172/mo. Purchase price stands at $115,000, and rental yield measures 20.14% with $1,930/mo rent. Return on cash invested shows 56.78% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 301.2% and total cumulative return in cash records $114,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,930/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Shelly Brunette • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1926736
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.