421 Pine StSchoolcraftMI49087








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 421 Pine St, Schoolcraft, MI, 49087 with 5% annual appreciation on a $268,000 basis while $3,148/mo rent supports operations. Total monthly income totals $3,148/mo and a $1,312/mo payment preserves $1,380/mo for cash returns. Annual cash flow comes to $16,565/yr on $88,842 deployed, and return on cash invested reaches 38.55% in year one. Equity gained on principal adds $1,729/yr, and five-year appreciation sums $74,043 alongside rental yield of 14.1%. Five-year ROI measures 203.37% and total cumulative return in cash totals $180,681.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,148/mo property income versus a $1,312/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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



Listed by: Jason Reicherts • Evenboer Walton, REALTORS
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045291
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








