16021 Van Kal St, Schoolcraft, MI, 49087 | 6.85% Rental Yield

Recently Sold

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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

Investment property for sale in Schoolcraft at 16021 Van Kal St, Schoolcraft, MI, 49087 offers a 6.85% rental yield on a $299,999 purchase with $1,712/mo rent. 7% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 86.15% and total cumulative return in cash at $85,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,712/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1995

1.50 Acres lot

$N/A/sqft

No HOA