5520 Boardman St SWSouth BoardmanMI49680
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 5520 Boardman St SW, South Boardman, MI, 49680 in South Boardman. Rental yield 7%. The 1.30 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $87,029 and $2,901/yr in principal reduction project total return of $104,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 8.5% |
| Monthly Cash Flow | $(239) | $900 |
City averages based on South Boardman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,838 |
| Total Monthly Debt Service | $1,952 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1936
7,405 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1936
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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.