5400 Boardman Rd SWSouth BoardmanMI49680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in South Boardman at 5400 Boardman Rd SW, South Boardman, MI, 49680 priced at $218,700 pairs $2,125/mo rent with $683/mo cash flow after a $1,070/mo payment. Total monthly income equals $2,125/mo, and annual cash flow comes to $8,198/yr on $72,499 invested. Return on cash invested is 31.22% in year one, and rental yield stands at 11.66% on a $218,700 basis. Equity gained on principal adds $1,411/yr, and 5% annual appreciation accumulates to $60,423 by year five. Five-year ROI measures 164.04% and total cumulative return in cash reaches $118,931. For financing, Ziffy Mortgage’s DSCR program evaluates $2,125/mo property income against a $1,070/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.54 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Kleinrichert • Coldwell Banker Schmidt-522
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1926480
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.