6188 Jesses Trl SWSouth BoardmanMI49680
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6188 Jesses Trl SW, South Boardman, MI, 49680 in South Boardman: $2,392/mo in rent, $1,007/mo net, 13.67% gross yield, all on a $210,000 acquisition. The 2.53 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $58,019 in value, and $1,934/yr in principal paydown steadily builds equity. Projected total cumulative return: $144,823.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 8.5% |
| Monthly Cash Flow | $1,007 | $900 |
City averages based on South Boardman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,392 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1999
3.78 Acres 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
Manufactured
Built in 1999
3.78 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices