421 Pine StSchoolcraftMI49087
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 421 Pine St, Schoolcraft, MI, 49087 in Schoolcraft. Priced at $268,000, it generates $3,148/mo in gross rent and $1,380/mo in net monthly cash flow, a 14.09% yield that comfortably supports the 2.61 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,563. Five-year appreciation: $74,043. Equity from principal paydown: $2,468/yr. Total projected cumulative return: $190,964.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 7.0% |
| Monthly Cash Flow | $1,380 | $450 |
City averages based on Schoolcraft market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,148 |
| Total Monthly Debt Service | $1,661 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.45 Acres lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1900
0.45 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices