380 Bernard St, Schoolcraft, MI, 49087 | $444/mo Cash Flow

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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 380 Bernard St, Schoolcraft, MI, 49087 offers $4,110/mo rent that, after a $2,618/mo payment, leaves $444/mo cash flow. Total monthly income is $4,110/mo, and annual cash flow is $5,334/yr on $175,982 cash. Return on cash invested measures 23.09% in year one, and rental yield stands at 9.22% at a $534,900 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,783 by year five. Five-year ROI records 120.76% and total cumulative return in cash reaches $212,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,110/mo property income versus a $2,618/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

0.41 Acres lot

$N/A/sqft

No HOA