857 Thomas Rd 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
Investment property for sale in South Boardman at 857 Thomas Rd SW, South Boardman, MI, 49680 earns $105/mo cash flow from $824/mo rent with a $534/mo payment. Total monthly income totals $824/mo, and annual cash flow totals $1,256/yr on $36,134 capital. ROI tracks 23.39% on current figures, and rental yield reads 9.07% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash sums $44,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $824/mo property income instead of your personal income.
Manufactured
Built in 1984
2.20 Acres lot
$N/A/sqft
No HOA
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Listed by: Lynette Priest • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls ID: #1940331