304 Pine StSchoolcraftMI49087
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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
Investment Highlights
Investment property for sale in Schoolcraft at 304 Pine St, Schoolcraft, MI, 49087 at $239,900 posts ROI 27.98% with $535/mo cash flow from $2,117/mo rent. Total monthly income equals $2,117/mo, and annual cash flow records $6,422/yr on $79,527 to close. Return on cash invested measures 27.98% and rental yield reads 10.59% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 146.72% and total cumulative return in cash totals $116,683.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,117/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1886
0.37 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Esiquiel Cardenas • Greenridge Realty (EGR)
Mls Name: MichRIC
Mls ID: #25047946