930 W Dietz Rd, Boyne City, MI, 49712 | $532/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boyne City at 930 W Dietz Rd, Boyne City, MI, 49712 priced at $232,500 converts $2,065/mo rent into $532/mo cash flow after a $1,138/mo obligation. Total monthly income equals $2,065/mo, and annual cash flow totals $6,381/yr on $77,074 invested. Return on cash invested prints 28.19% in year one, and rental yield reads 10.66% against a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation compiles into $64,235 by year five. Five-year ROI reaches 147.79% and total cumulative return in cash sums $113,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,065/mo property income covering a $1,138/mo payment, not borrower’s personal income.

Single Family

Built in 2000

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49712, Boyne City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,368 (100%)
Owner Occupied HU	2,983 (55.6%)
Renter Occupied HU	671 (12.5%)
Vacant Housing Units	1,714 (31.9%)
Median Home Value	$299,918
Average Home Value	$392,153