5824 W Xy AveSchoolcraftMI49087
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 5824 W Xy Ave, Schoolcraft, MI, 49087 in Schoolcraft is straightforward: $430,000 in, $3,265/mo in rent, $430/mo out after debt service. The 9.11% gross yield and 1.69 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $118,801 by year five. With $3,960/yr in principal equity, the total cumulative return is projected at $191,409.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $430 | $450 |
City averages based on Schoolcraft market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,265 |
| Total Monthly Debt Service | $2,665 |
| DSCR Ratio | 1.23x |
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
3.58 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1900
3.58 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Spencer • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25039309
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.