5520 Boardman St 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
Rental property for sale in South Boardman at 5520 Boardman St SW, South Boardman, MI, 49680 priced at $315,000 pairs $1,838/mo rent with after a $1,542/mo payment. Total monthly income equals $1,838/mo. Return on cash invested is 17.16% in year one, and rental yield stands at 7% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 88.63% and total cumulative return in cash reaches $92,549. For financing, Ziffy Mortgage’s DSCR program evaluates $1,838/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
7,405 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Russell • REO-Cadillac-233028
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1928804
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 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.