318 N Grand St, Schoolcraft, MI, 49087 | $353/mo Cash Flow

For Sale

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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

Rental property for sale in Schoolcraft at 318 N Grand St, Schoolcraft, MI, 49087 priced at $114,953 pairs $1,111/mo rent with $353/mo cash flow after a $563/mo payment. Total monthly income equals $1,111/mo, and annual cash flow comes to $4,231/yr on $38,107 invested. Return on cash invested is 31.01% in year one, and rental yield stands at 11.6% on a $114,953 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,759 by year five. Five-year ROI measures 162.98% and total cumulative return in cash reaches $62,107. For financing, Ziffy Mortgage’s DSCR program evaluates $1,111/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1967

10,454 sqft lot

$N/A/sqft

No HOA