2223 Surry Ave,Schoolcraft,MI,49087

Investment Highlights

Investment property for sale in Schoolcraft at 2223 Surry Ave, Schoolcraft, MI, 49087 listed at $399,000 pairs $2,880/mo rent with a $1,953/mo payment to leave $249/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $2,984/yr on $132,269 cash to close. Return on cash invested measures 22.17% in year one, and rental yield registers 8.66% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 115.48% and total cumulative return in cash totals $152,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).