1004 E Otis Ave, Hazel Park, MI, 48030 | $487/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Hazel Park at 1004 E Otis Ave, Hazel Park, MI, 48030 uses $65,637 cash to close to unlock $5,849/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $969/mo payment keeps the spread at $487/mo. Purchase price stands at $198,000, and rental yield measures 10.87% with $1,793/mo rent. Return on cash invested shows 28.82% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 151.22% and total cumulative return in cash records $99,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $969/mo payment rather than investor’s personal income.

Single Family

Built in 1949

4,356 sqft lot

$N/A/sqft

No HOA