738 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 738 Boardman Rd SW, South Boardman, MI, 49680 priced at $220,000 converts $2,434/mo rent into $983/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,434/mo, and annual cash flow totals $11,796/yr on $72,930 invested. Return on cash invested prints 36.08% in year one, and rental yield reads 13.28% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 190.09% and total cumulative return in cash sums $138,635. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,434/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Brick • REMAX Bayshore - W Bay Shore Dr TC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934958
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.