8975 W South Ave,Schoolcraft,MI,49087

Investment Highlights

Investment property for sale in Schoolcraft at 8975 W South Ave, Schoolcraft, MI, 49087 offers a 8.49% rental yield on a $200,000 purchase with $1,415/mo rent. Total monthly income registers $1,415/mo, and a $979/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,152/yr on $66,300 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 112.7% and total cumulative return in cash at $74,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,415/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.