312 N Cedar St,Schoolcraft,MI,49087

Investment Highlights

Investment property for sale in Schoolcraft at 312 N Cedar St, Schoolcraft, MI, 49087 offers a 9.53% rental yield on a $210,000 purchase with $1,667/mo rent. Total monthly income registers $1,667/mo, and a $1,028/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,384/yr on $69,615 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 129.43% and total cumulative return in cash at $90,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.