16724 S 15th 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 16724 S 15th St, Schoolcraft, MI, 49087 generates $3,506/mo in rent and, after a $2,445/mo payment, leaves $212/mo in cash flow. Total monthly income is $3,506/mo, and annual cash flow is $2,542/yr on $165,584 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.42% on a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 111.6% and total cumulative return in cash sums $184,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,506/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett Zabavski • Berkshire Hathaway HomeServices MI
Mls Name: MichRIC
Mls Provider:
Mls ID: #25056817
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.