11158 Sugar Island DrSchoolcraftMI49087








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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
Investment property for sale in Schoolcraft at 11158 Sugar Island Dr, Schoolcraft, MI, 49087 uses $139,197 cash to close to unlock $23,750/yr annual cash flow and $1,979/mo monthly cash flow. Total monthly income runs $4,758/mo, and a $2,055/mo payment keeps the spread at $1,979/mo. Purchase price stands at $419,900, and rental yield measures 13.6% with $4,758/mo rent. Return on cash invested shows 36.97% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 194.93% and total cumulative return in cash records $271,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,758/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.61 Acres lot
$N/A/sqft
$120 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Julie A Harlan • Jaqua, REALTORS
Mls Name: MichRIC
Mls Provider:
Mls ID: #24041817
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








