11724 S 8th StSchoolcraftMI49087
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 Schoolcraft at 11724 S 8th St, Schoolcraft, MI, 49087 generates $2,118/mo in rent, after a $3,671/mo payment. Total monthly income is $2,118/mo. Return on cash invested sits at 6.31% in year one, and rental yield is 3.39% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 30.39% and total cumulative return in cash sums $74,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,118/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
4 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Faber • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25009034
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.